EX-99.1 3 cr635947v3-8k_exh991.txt COLLATERAL TERM SHEET (TENANTS GREATER THAN 50%)
UNITS/ SQ. FT./ PROPERTY PROPERTY ROOMS/ # PROPERTY NAME TYPE SUB-TYPE PADS --------------------------------------------------------------------------------------- 15 Raytheon Building Office CBD 112,695 21 The Piccard Building Office Suburban 100,579 23 Plantation Point Plaza Retail Anchored 112,747 27 Honeywell Building Office Suburban 150,000 31 Findlay Tall Timbers Industrial N/A 557,921 32 Walnut Grove Plaza Shopping Center Retail Anchored 111,445 38 Cherokee Commons Shopping Center Retail Anchored 103,736 40 Germantown Technology Center Office Suburban 67,619 52 Franklin Marketplace Shopping Center Retail Anchored 78,830 56 North Port Shopping Center Retail Anchored 67,181 58 Best Buy Store #422-Richmond Retail Anchored 44,276 7 Montgomery Crossing Retail Anchored 89,656 61 Water Street Plaza Retail Unanchored 15,722 64 Cornerstone Court West Office CBD 28,231 73 Walgreens Drug Store-Scherville Retail Anchored 15,120 75 Walgreens Drug Store-Wichita Retail Anchored 15,120 77 Walgreens Drug Store-Greenwood Retail Anchored 15,120 78 Walgreens Plaza-Peabody Retail Anchored 25,230 79 Walgreens Drug Store-Bartlett Retail Anchored 14,490 83 Terrace Park & Cancer Care Medical Office Office Suburban 23,326 88 Walgreens Drug Store-Indianapolis Retail Anchored 15,120 89 The 1800 Building Office CBD 19,544 92 Best Buy-Joplin Retail Anchored 30,157 94 Walgreens Drug Store-Lenoir City Retail Anchored 15,120 98 Barry Towne Shopping Center Retail Anchored 17,600 MAJOR CUT-OFF TENANT #1 # PROPERTY NAME BALANCE (1) NAME ----------------------------------------------------------------------------------------------------------------- 15 Raytheon Building $19,345,706 Raytheon Company 21 The Piccard Building $12,684,941 National Association of Securities Dealers 23 Plantation Point Plaza $11,600,000 Bi-Lo 27 Honeywell Building $9,700,000 Honeywell International, Inc. 31 Findlay Tall Timbers $8,295,226 Findlay's Tall Timber Distribution Centers, Inc. 32 Walnut Grove Plaza Shopping Center $8,185,735 SunMart 38 Cherokee Commons Shopping Center $7,173,089 Kroger 40 Germantown Technology Center $6,933,337 Hughes Network Systems 52 Franklin Marketplace Shopping Center $4,691,665 Albertson's Store & Fuel Center 56 North Port Shopping Center $4,477,932 Sentry Foods 58 Best Buy Store #422-Richmond $4,400,000 Best Buy Stores, Inc. 7 Montgomery Crossing $4,300,834 Hobby Lobby #219 61 Water Street Plaza $4,138,449 Coyote Cafe 64 Cornerstone Court West $3,798,557 Acer Communications and Multimedia Corporation 73 Walgreens Drug Store-Scherville $3,044,396 Walgreen Co. 75 Walgreens Drug Store-Wichita $3,019,671 Walgreen Store #06113 77 Walgreens Drug Store-Greenwood $2,983,089 Walgreen Co. #5853 78 Walgreens Plaza-Peabody $2,939,449 Walgreen's 79 Walgreens Drug Store-Bartlett $2,937,978 Walgreen Store #06341 83 Terrace Park & Cancer Care Medical Office $2,730,200 Cancer Care Associates 88 Walgreens Drug Store-Indianapolis $2,528,897 Walgreen's @ Elper 89 The 1800 Building $2,510,842 Honda Trading America, Inc. 92 Best Buy-Joplin $2,348,916 Best Buy Stores, L.P. 94 Walgreens Drug Store-Lenoir City $2,256,494 Walgreens 98 Barry Towne Shopping Center $2,100,000 Famous Footwear MAJOR MAJOR TENANT #1 TENANT #1 LEASE # PROPERTY NAME SQ. FT. EXPIRATION DATE -------------------------------------------------------------------------------------------- 15 Raytheon Building 112,695 100.0% 1/31/08 21 The Piccard Building 73,097 72.7% 7/31/06 23 Plantation Point Plaza 57,554 51.0% 8/1/20 27 Honeywell Building 150,000 100.0% 2/13/12 31 Findlay Tall Timbers 557,921 100.0% 12/31/20 32 Walnut Grove Plaza Shopping Center 79,385 71.2% 5/31/20 38 Cherokee Commons Shopping Center 66,918 64.5% 3/31/11 40 Germantown Technology Center 51,258 75.8% 1/31/06 52 Franklin Marketplace Shopping Center 59,549 75.5% 8/7/26 56 North Port Shopping Center 47,149 70.2% 4/30/18 58 Best Buy Store #422-Richmond 44,276 100.0% 12/1/22 7 Montgomery Crossing 52,500 58.6% 12/31/14 61 Water Street Plaza 9,292 59.1% 7/31/16 64 Cornerstone Court West 14,326 50.7% 9/25/05 73 Walgreens Drug Store-Scherville 15,120 100.0% 4/30/76 75 Walgreens Drug Store-Wichita 15,120 100.0% 10/30/60 77 Walgreens Drug Store-Greenwood 15,120 100.0% 2/28/21 78 Walgreens Plaza-Peabody 15,120 59.9% 8/31/61 79 Walgreens Drug Store-Bartlett 14,490 100.0% 6/30/61 83 Terrace Park & Cancer Care Medical Office 12,220 52.4% 4/1/10 88 Walgreens Drug Store-Indianapolis 15,120 100.0% 12/31/60 89 The 1800 Building 10,100 51.7% 3/31/11 92 Best Buy-Joplin 30,157 100.0% 12/31/16 94 Walgreens Drug Store-Lenoir City 15,120 100.0% 3/31/60 98 Barry Towne Shopping Center 10,000 56.8% 10/31/11
(SINGLE TENANT)
PROPERTY PROPERTY CUT-OFF # PROPERTY NAME TYPE SUB-TYPE SQ. FT./ BALANCE (1) ----------------------------------------------------------------- ------------ 15 Raytheon Building Office CBD 112,695 $19,345,706 27 Honeywell Building Office Suburban 150,000 $9,700,000 31 Findlay Tall Timbers Industrial N/A 557,921 $8,295,226 58 Best Buy Store #422-Richmond Retail Anchored 44,276 $4,400,000 73 Walgreens Drug Store-Scherville Retail Anchored 15,120 $3,044,396 75 Walgreens Drug Store-Wichita Retail Anchored 15,120 $3,019,671 77 Walgreens Drug Store-Greenwood Retail Anchored 15,120 $2,983,089 79 Walgreens Drug Store-Bartlett Retail Anchored 14,490 $2,937,978 88 Walgreens Drug Store-Indianapolis Retail Anchored 15,120 $2,528,897 92 Best Buy-Joplin Retail Anchored 30,157 $2,348,916 94 Walgreens Drug Store-Lenoir City Retail Anchored 15,120 $2,256,494 6.1% $60,860,373 $992,871,599 TENANT #1 TENANT #1 SENIOR UNSECURED # PROPERTY NAME NAME SQ. FT. CREDIT RATING ------------------------------------------------------------------------------------------------------ 15 Raytheon Building Raytheon Company 112,695 Baa3 (Moodys) / BBB- (Fitch) 27 Honeywell Building Honeywell International, Inc. 150,000 A2 (moodys) / A+ (Fitch) 31 Findlay Tall Timbers Findlay's Tall Timber Distribution Centers, Inc. 557,921 N/A 58 Best Buy Store #422-Richmond Best Buy Stores, Inc. 44,276 Baa3 (Moodys) 73 Walgreens Drug Store-Scherville Walgreen Co. 15,120 Aa3 (Moodys) 75 Walgreens Drug Store-Wichita Walgreen Store #06113 15,120 Aa3 (Moodys) 77 Walgreens Drug Store-Greenwood Walgreen Co. #5853 15,120 Aa3 (Moodys) 79 Walgreens Drug Store-Bartlett Walgreen Store #06341 14,490 Aa3 (Moodys) 88 Walgreens Drug Store-Indianapolis Walgreen's @ Elper 15,120 Aa3 (Moodys) 92 Best Buy-Joplin Best Buy Stores, L.P. 30,157 Baa3 (Moodys) 94 Walgreens Drug Store-Lenoir City Walgreens 15,120 Aa3 (Moodys) Total Deal Size
# PROPERTY NAME ---------------------------------------------------------------------------------- 1 Metroplex West 2 300 M Street Office Building 3 The Shops at Deerfield Square 4 LOCKE SOVRAN PORTFOLIO 5 Tuttle Crossing 6 Western Hills Marketplace 7 Montgomery Crossing 8 Park Center Office Building 9 Oak Ridge Office Portfolio 10 Clopper Road Portfolio 11 Bridgepark Shopping Center 12 The Summit - Phase II 13 130 Fifth Avenue 14 Colonial Grand @ Bayshore 15 Raytheon Building 16 Nancy Ridge Technology Center 17 Spradlin Farm Shopping Center 18 Bay Point Apartments 19 Chaparral Apartments 20 Seville Place Apartments 21 The Piccard Building 22 The Leeward Apartments 23 Plantation Point Plaza 24 Park Hamilton Apartments 25 Ridge Park Square 26 The Fox Chase Apartments 27 Honeywell Building 28 Brookwood Village Townhouses 29 Lattimore Medical Building 30 The Medical Pavilion 31 Findlay Tall Timbers 32 Walnut Grove Plaza Shopping Center 33 Bruton Oaks Apartments 34 Country Creek Apartments 35 Tower Office Plaza 1 36 Versailles Apartments 37 Highland Road Village I & II 38 Cherokee Commons Shopping Center 39 Willow Lake West Shopping Center 40 Germantown Technology Center 41 Royal Oaks Manor Apartments 42 Dimond Shopping Center 43 Darrow Place Apartments 44 Stewart's Landing Apartments 45 Natomas Self Storage 46 Pine Creek Apartments 47 Kingston Square Apartments 48 Chapel Ridge of Emporia Apartments 49 Pine Tree Park Apartments 50 Kimball Square Apartments 51 Oak Valley Apartments 52 Franklin Marketplace Shopping Center 53 Fairways Office Center 54 Red Sierra Drive Apartments 55 Chapel Ridge Apartments of Haysville 56 North Port Shopping Center 57 Hazleton Apartments 58 Best Buy Store #422-Richmond 59 Katella Plaza 60 Village Square Apartments 61 Water Street Plaza 62 Apple Creek Apartments 63 Madison on Dietrich Apartments 64 Cornerstone Court West 65 Highlands Business Center I and II 66 St. Augustine Apartments 67 Fisher's Mercantile Center 68 Baric Commons Apartments 69 Chapman Restaurants 70 Deer Run Apartments 71 Montgomery North Medical Center 72 Breckenridge Apartments 73 Walgreens Drug Store-Scherville 74 Landmark Apartments 75 Walgreens Drug Store-Wichita 76 Silverwood Apartments 77 Walgreens Drug Store-Greenwood 78 Walgreens Plaza-Peabody 79 Walgreens Drug Store-Bartlett 80 Matador Villa Apartments 81 Colonial Village Apartments 82 Kendall Apartments 83 Terrace Park & Cancer Care Medical Office 84 Superior Self Storage 85 Dancea Apartments 86 Trail Commerce Center 87 Newhall Avenue Apartments 88 Walgreens Drug Store-Indianapolis 89 The 1800 Building 90 South Wales Mini Storage 91 Springwood Apartments 92 Best Buy-Joplin 93 Scott Plaza Apartments 94 Walgreens Drug Store-Lenoir City 95 Central Park Apartments 96 The Bungalows 97 Chicago Heights Apartments 98 Barry Towne Shopping Center 99 Indian Ridge Apartments 100 Metroplaza Shopping Center 101 The Design Center 102 Bartlett Apartments 103 Spring Hollow Apartments 104 Heights Plaza Apartments 105 Crystal Lake Townhomes 106 Plaza South Shopping Center 107 Northern Passage Building 108 Oaks of Ashford Point II Apartments 109 Century Plaza Office Building 110 Regency Oaks Apartments 111 Park High Apartments 112 Indian Park Plaza 113 Hoffner/Airport Office Center 114 Cherry Estates Mobile Home Park 115 Hawthorne Apartments 116 Pinecrest Apartments 117 Ingleside Quarters 118 Silver Lake Mobile Home Park 119 Linden Place Apartments 120 Bethel of Gardner 121 4402 Swiss Avenue 122 300 Ed Wright Lane 123 Todd Investments 124 Kingwood Loop 494 Shopping Center 125 Leisure Days RV Resort 126 Fox Chase Park Apartments 127 Shadow Ridge Mobile Home Park 128 Alhambra Business Center - Phase II 129 18000 Encino Plaza 130 Shady Acres Mobile Home Park 131 Willow Brook Apartments 132 Chapel Ridge Apartments, Phase I 133 Tempe Professional Plaza 134 Villa Park Mobile Home Park 135 Louetta Plaza 136 Suffolk Pines Mobile Home Park 137 Washington Square 138 Chapel Ridge Apartments, Phase II 139 Admiral Manufactured Housing Community and Self Storage 140 Blonde (Quality) Apartments 141 Ardmore Self-Service Storage 142 Ridgefield Bank 143 North Reading Shopping Center 144 Fredricksburg Apartments 145 Bancroft Court Apartments 146 Bell Plaza 147 Cheyenne Apartments 148 Willow Ridge Apartments 149 Rose Meadows Apartments 150 734 Lancaster Avenue 151 Kingston Court Apartments 152 Bishop Court Apartments 153 Mesa Verde Mobile Home Park 154 Valley View Shopping Center 155 Amber Woods Apartments 156 West Queen Garden Apartments 4A Uncle Bob's Self Storage 4AA Central Self Storage 4B Security Self Storage 4C Security Self Storage 4D Central Self Storage 4E Mini-Stor Self Storage 4F Uncle Bob's Self Storage 4G Central Self Storage 4H Uncle Bob's Self Storage 4I Uncle Bob's Self Storage 4J Central Self Storage 4K Security Self Storage 4L Uncle Bob's Self Storage 4M Uncle Bob's Self Storage 4N Central Self Storage 4O Saco Self Storage 4P Central Self Storage 4Q Uncle Bob's Self Storage 4R Central Self Storage 4S Uncle Bob's Self Storage 4T Central Self Storage 4U Central Self Storage 4V Security Self Storage 4W Security Self Storage 4X Central Self Storage 4Y Dor-Co Self Storage 4Z Central Self Storage # ADDRESS CITY ---------------------------------------------------------------------------------------------------------------------- 1 Chemical Road and Germantown Pike Plymouth Meeting 2 300 M Street, SE Washington 3 740 Waukegan Road Deerfield 4 5 5700-5840, 5930 Britton Parkway Columbus 6 N/W/C of Glenway Avenue & Glencrossing Way Cincinnati 7 Fields Ertel Road and Montgomery Road Cincinnati 8 2400 Dallas Parkway Plano 9 151 Lafayette Drive and 1055, 1060, 1009, 1093 & 1099 Commerce Park Drive Oak Ridge 10 1201, 930 and 940 Clopper Road Gaithersburg 11 27702 Crown Valley Parkway Ladera Ranch 12 275 Summit Boulevard Birmingham 13 130 Fifth Avenue New York 14 4148 53Rd Avenue Bradenton 15 2101 El Segundo Boulevard El Segundo 16 6310-6330 Nancy Ridge Drive And 6350-6370 Nancy Ridge Drive San Diego 17 Us Highway 460 At Spradlin Farm Drive Christiansburg 18 1802 Ennis Joslin Road Corpus Christi 19 601 East Rosery Road Largo 20 3124 North Pine Hills Road Orlando 21 1390 Piccard Drive Rockville 22 444 East Medical Center Boulevard Webster 23 1201-1297 38th Avenue North Myrtle Beach 24 5900 Park Hamilton Boulevard Orlando 25 NWQ Ridge Road & I-480 Brooklyn 26 1920 West Tarrant Road Grand Prairie 27 135 West Forest Hill Avenue Oak Creek 28 5150 Henderson Road Millcreek Township 29 125 Lattimore Road Rochester 30 34503-9th Avenue South Federal Way 31 6000 Fostoria Avenue & 2001 Industrial Drive Findlay 32 4951 South 155th Street Omaha 33 9901 Bruton Road Dallas 34 1702 Jupiter Road Garland 35 27555 Ynez Road Temecula 36 18130 South Kedzie Avenue Hazel Crest 37 2704 South Cockrell Hill Road Dallas 38 6192 Highway 92 Acworth 39 2902 West 86Th Street Indianapolis 40 20271 Goldenrod Lane Germantown 41 602 West Pioneer Parkway Grand Prairie 42 601 East Dimond Boulevard Anchorage 43 238 Darrow Drive Edinboro 44 3002 69th Street Galveston 45 2640 El Centro Road Sacramento 46 470 Maxey Road Houston 47 6315 Kingston Pike Knoxville 48 3601 West 18Th Avenue Emporia 49 806-840 Hazel Street North St. Paul 50 4542 Kiest Blvd. Dallas 51 708 Woodard Way Arlington 52 1017-1031 Center Point Place Road Franklin 53 28470 Thirteen Mile Road Farmington Hills 54 6520 Red Sierra Drive Fort Worth 55 235 South Jane Street Haysville 56 101 West Seven Hills Road Port Washington 57 701 West 24Th Street Hazle Township 58 1560 Dager Center Boulevard Richmond 59 215-317 East Katella Avenue Orange 60 17150 Meyers Road Detroit 61 126-138 West Water Street Santa Fe 62 4548 South Elm Place Broken Arrow 63 4619 Dietrich Road San Antonio 64 5960 Cornerstone Court West San Diego 65 40880-B, 40935, 40945 County Center Drive Temecula 66 1198 North St. Augustine Road Dallas 67 16111 Southeast McGillivray Boulevard Vancouver 68 232 East 121st Place Chicago 69 11757, 12001, 12007 & 12011 Harbor Boulevard Garden Grove 70 13615 White Avenue Grandview 71 10600 North Montgomery Road Cincinnati 72 4323, 4510 & 4530 North Division Street Davenport 73 651 U.S. Highway 30 Schererville 74 344 Richland Drive Waco 75 1625 Webb Road Wichita 76 625 Green Wave Drive Gallatin 77 720 S. State Road 135 Greenwood 78 229 Andover Street Peabody 79 6565 St. Elmo Road Bartlett 80 9721 Picador Drive St. Louis 81 400 Westside Boulevard Houma 82 Multiple Addresses Davenport 83 1818, 1826, & 1810 E. 15th Street Tulsa 84 8960 Calvine Road Elk Grove 85 611-631 North West 177th Street Miami 86 3500 45th Street West Palm Beach 87 24856-82 Newhall Avenue Newhall 88 455 East Elper Avenue Indianapolis 89 1800 West 213Th Street Torrance 90 1429 Old Bridge Road Amissville 91 2340 Hurley Way Sacramento 92 3117 Turkey Creek Boulevard Joplin 93 9703 Scott Street Houston 94 350 Highway 321 North Lenoir City 95 2300 D Street Anchorage 96 7204 Gaston Avenue Dallas 97 450-484 West 16th Street Chicago Heights 98 8401 North Madison Kansas City 99 3706 West 8th Street Dallas 100 714-780 South La Brea Avenue Los Angeles 101 10816 Millington Court Blue Ash 102 3-15 April Lane and 64-66 Perry Avenue Norwalk 103 4803 And 4804 Loyola Austin 104 205 Heights Boulevard Houston 105 3801-4215 Palladium Drive Greensboro 106 805-829 South Tennessee Boulevard Murfreesboro 107 3302 Fuhrman Avenue East Seattle 108 13103 Ashford Point Drive Houston 109 211 Century Drive Greenville 110 2121 Handley Drive Fort Worth 111 13824-13836 John R Road & 127-255 Gerald Street Highland Park 112 6601 West Indian School Road Phoenix 113 5448 Hoffner Avenue Orlando 114 8300 Cherry Avenue Fontana 115 45 Hawthorne Street Bristol 116 288 Pine Street Bristol 117 330 Ingleside Drive Baton Rouge 118 7333 Pine Forest Road Pensacola 119 909 North Linden Street Muncie 120 375 North Pine Street Gardner 121 4322, 4402 and 4414 Swiss Avenue Dallas 122 300 Ed Wright Lane Newport News 123 382-390 Farmington Avenue and 503 New Britain Avenue Hartford 124 22704 Loop 494 Houston 125 34533 Leisure Days Drive Zephyrhills 126 307-309 Hoffnagle Street & 8248-8250 Rockwell Avenue Philadelphia 127 8595 North 71st Avenue Glendale 128 4851 North West 79 Avenue Miami 129 18000 Ventura Boulevard Encino 130 42 Miry Brook Road Danbury 131 120 Atlantic Avenue Long Branch 132 160 Morphew Road Hot Springs 133 6101 South Rural Road Tempe 134 410 East 23rd Street Roswell 135 12603 Louetta Road Houston 136 620 Montauk Highway Westhampton Beach 137 6010 Washington Avenue Houston 138 160 Morphew Road Hot Springs 139 8121 Lillian Highway Pensacola 140 1616, 1620, 1630 & 1634 West 42nd Street Davenport 141 1900 Veterans Boulevard Ardmore 142 941 Danbury Road Wilton 143 6 Washington Street North Reading 144 950 West Kiest Boulevard Dallas 145 6420-6506 Park Heights Avenue Baltimore 146 1799 North State Road 7 Margate 147 4406 North Division Street & 4307 & 4311 Cheyenne Avenue Davenport 148 6509 & 6520 Pitts Boulevard North Ridgeville 149 7925 Streamside Drive Houston 150 734 Lancaster Avenue Radnor 151 120 South Church Avenue Tampa 152 901-907 North Bishop Avenue Dallas 153 3003 Hualapai Mountain Road Kingman 154 2926 Valley View Lane Farmers Branch 155 2506 Stadium Drive Phenix City 156 1718 17th Avenue Albany 4A 19200 Neff Road Cleveland 4AA 8801 Boone Road Houston 4B 73 Pleasant Street Dracut 4C 114 Pleasant Valley Methuen 4D 6250 Westward Houston 4E 6 Washington Circle Sandwich 4F 1725 Roswell Road Marietta 4G 2233 Franklin Drive Mesquite 4H 4311 Samuel Boulevard Dallas 4I 10114 Old Katy Road Houston 4J 10640 Hempstead Road Houston 4K 7437 Garners Ferry Road Columbia 4L 191 Salem Church Road Harrisburg 4M 3787 Elm Road North East Warren 4N 15300 Kuykendahl Houston 4O 6 Industrial Park Road Saco 4P 920 Highway 80 East Mesquite 4Q 11670 Airline Highway Baton Rouge 4R 9951 Harwin Drive Houston 4S 3343 Sw Military Drive San Antonio 4T 1606 Plantation Road Dallas 4U 3540 Hunt Lane San Antonio 4V 1320 Georgia Highway 40 East Kingsland 4W 600 Cannon Road Myrtle Beach 4X 8450 Cook Road Houston 4Y 430 Spencer Street Syracuse 4Z 14318 Highway 249 Houston ZIP PROPERTY PROPERTY MORTGAGE # COUNTY STATE CODE TYPE SUB-TYPE LOAN SELLER ----------------------------------------------------------------------------------------------------------------------------------- 1 Montgomery PA 19462 Retail Anchored Column 2 District of Columbia DC 20003 Office CBD Column 3 Lake IL 60015 Mixed Use Retail/Office Key 4 PNC 5 Franklin OH 43016 Retail Anchored Key 6 Hamilton OH 45238 Retail Anchored Key 7 Hamilton OH 45249 Retail Anchored Key 8 Collin TX 75093 Office Suburban Column 9 Anderson TN 37830 Office Suburban Column 10 Montgomery MD 20878 Mixed Use Office/Laboratory Column 11 Orange CA 92694 Retail Anchored Column 12 Jefferson AL 35243 Retail Anchored Column 13 New York NY 10011 Office CBD Column 14 Manatee FL 34210 Multifamily Conventional PNC 15 Los Angeles CA 90245 Office CBD Key 16 San Diego CA 92121 Industrial N/A PNC 17 Montgomery VA 24073 Retail Anchored PNC 18 Nueces TX 78412 Multifamily Conventional PNC 19 Pinellas FL 33770 Multifamily Conventional Column 20 Orange FL 32808 Multifamily Conventional Column 21 Montgomery MD 20850 Office Suburban Column 22 Harris TX 77598 Multifamily Conventional PNC 23 Horry SC 29577 Retail Anchored Column 24 Orange FL 32808 Multifamily Conventional Column 25 Cuyahoga OH 44144 Retail Anchored Key 26 Dallas TX 75050 Multifamily Conventional PNC 27 Milwaukee WI 53154 Office Suburban PNC 28 Erie PA 16509 Multifamily Conventional PNC 29 Monroe NY 14620 Office Suburban Key 30 King WA 98003 Office Suburban Key 31 Hancock OH 45839 Industrial N/A Key 32 Douglas NE 68135 Retail Anchored Key 33 Dallas TX 75217 Multifamily Conventional Key 34 Dallas TX 75042 Multifamily Conventional PNC 35 Riverside CA 92591 Office Suburban PNC 36 Cook IL 60429 Multifamily Conventional Column 37 Dallas TX 75211 Multifamily Conventional Column 38 Cherokee GA 30102 Retail Anchored Column 39 Marion IN 46260 Retail Anchored PNC 40 Montgomery MD 20876 Office Suburban PNC 41 Dallas TX 75051 Multifamily Conventional Column 42 Anchorage AK 99518 Retail Anchored Key 43 Erie PA 16412 Multifamily Conventional PNC 44 Galveston TX 77551 Multifamily Conventional Column 45 Sacramento CA 95833 Self Storage N/A Key 46 Harris TX 77013 Multifamily Conventional Column 47 Knox TN 37919 Multifamily Conventional Column 48 Lyon KS 66801 Multifamily Section 42 PNC 49 Ramsey MN 55119 Multifamily Conventional Key 50 Dallas TX 75236 Multifamily Conventional Key 51 Tarrant TX 76011 Multifamily Conventional Column 52 Williamson TN 37064 Retail Anchored Key 53 Oakland MI 48334 Office Office PNC 54 Tarrant TX 76112 Multifamily Conventional Column 55 Sedgwick KS 67060 Multifamily Section 42 PNC 56 Ozaukee WI 53074 Retail Anchored Column 57 Luzerne PA 18201 Multifamily Section 8 PNC 58 Chesterfield VA 23235 Retail Anchored Key 59 Orange CA 92867 Retail Unanchored PNC 60 Wayne MI 48226 Multifamily Conventional Column 61 Santa Fe NM 87501 Retail Unanchored Column 62 Tulsa OK 74011 Multifamily Conventional PNC 63 Bexar TX 78219 Multifamily Conventional Column 64 San Diego CA 92121 Office CBD PNC 65 Riverside CA 92591 Office Suburban PNC 66 Dallas TX 75217 Multifamily Conventional Column 67 Clark WA 98684 Retail Unanchored Column 68 Cook IL 60628 Multifamily Conventional Column 69 Orange CA 92840 Retail Anchored Column 70 Jackson MO 64030 Multifamily Conventional PNC 71 Hamilton OH 45242 Office Suburban PNC 72 Scott IA 52806 Multifamily Conventional Column 73 Lake IN 46375 Retail Anchored Key 74 McLennan TX 76710 Multifamily Conventional Column 75 Sedgwick KS 67208 Retail Anchored Key 76 Sumner TN 37066 Multifamily Conventional Column 77 Johnson IN 46143 Retail Anchored Key 78 Essex MA 01960 Retail Anchored Key 79 Shelby TN 38134 Retail Anchored Key 80 St. Louis MO 63136 Multifamily Conventional Column 81 Terrebonne LA 70364 Multifamily Section 8 Column 82 Scott IA 52806 Multifamily Conventional Column 83 Tulsa OK 74137 Office Suburban Key 84 Sacramento CA 95829 Self Storage N/A Key 85 Miami-Dade FL 33169 Multifamily Conventional Column 86 Palm Beach FL 33407 Industrial Office/Warehouse Column 87 Los Angeles CA 91321 Multifamily Conventional Column 88 Marion IN 46227 Retail Anchored Key 89 Los Angeles CA 90501 Office CBD PNC 90 Culpeper VA 20106 Self Storage N/A Key 91 Sacramento CA 95825 Multifamily Conventional Key 92 Jasper MO 64801 Retail Anchored Key 93 Harris TX 77051 Multifamily Section 8 Column 94 Loudon TN 37771 Retail Anchored Key 95 Anchorage AK 99503 Multifamily Conventional Key 96 Dallas TX 75214 Multifamily Conventional Key 97 Cook IL 60411 Multifamily Conventional Column 98 Clay MO 64118 Retail Anchored PNC 99 Dallas TX 75211 Multifamily Conventional Column 100 Los Angeles CA 90036 Retail Unanchored Column 101 Hamilton OH 45242 Office Suburban PNC 102 Fairfield CT 06851 Multifamily Conventional Key 103 Travis TX 78723 Multifamily Section 42 PNC 104 Harris TX 77007 Multifamily Conventional Column 105 Guilford NC 27410 Multifamily Conventional Column 106 Rutherford TN 37130 Retail Anchored PNC 107 King WA 98102 Office CBD Column 108 Harris TX 77082 Multifamily Conventional PNC 109 Greenville SC 29607 Office Suburban Column 110 Tarrant TX 76112 Multifamily Conventional Column 111 Wayne MI 48203 Multifamily Conventional Column 112 Maricopa AZ 85033 Retail Anchored Column 113 Orange FL 33812 Office Suburban Column 114 San Bernardino CA 92335 Manufactured Housing N/A Column 115 Hartford CT 06010 Multifamily Conventional Column 116 Hartford CT 06010 Multifamily Conventional Column 117 East Baton Rouge Parish LA 70806 Multifamily Conventional PNC 118 Escambia FL 32526 Manufactured Housing N/A Column 119 Delaware IN 47303 Multifamily Student Column 120 Johnson KS 66030 Multifamily Section 42 PNC 121 Dallas TX 75204 Multifamily Conventional Column 122 Newport News City VA 23606 Mixed Use Office/Retail/Industrial Column 123 Hartford CT 06105 Multifamily Conventional Column 124 Harris TX 77339 Retail Unanchored Column 125 Pasco FL 33541 Manufactured Housing N/A Column 126 Philadelphia PA 19111 Multifamily Conventional Column 127 Maricopa AZ 85301 Manufactured Housing N/A Column 128 Miami-Dade FL 33166 Industrial Office/Warehouse Column 129 Los Angeles CA 91316 Retail Unanchored Column 130 Fairfield CT 06810 Manufactured Housing N/A Column 131 Monmouth NJ 07740 Multifamily Conventional Column 132 Garland AR 71913 Multifamily Section 42 PNC 133 Maricopa AZ 85283 Office Suburban Column 134 Chaves NM 88201 Manufactured Housing N/A Column 135 Harris TX 77070 Retail Anchored Column 136 Suffolk NY 11978 Manufactured Housing N/A Column 137 Harris TX 77007 Mixed Use Office/Retail Column 138 Garland AR 71913 Multifamily Section 42 PNC 139 Escambia FL 32506 Mixed Use Manufactured Housing/Self Storage Column 140 Scott IA 52806 Multifamily Conventional Column 141 Carter OK 73401 Self Storage N/A Column 142 Fairfield CT 06897 Mixed Use Office/Retail Column 143 Middlesex MA 01864 Retail Unanchored Column 144 Dallas TX 75224 Multifamily Conventional Column 145 Baltimore City MD 21215 Multifamily Conventional Column 146 Broward FL 33063 Retail Unanchored Column 147 Scott IA 52806 Multifamily Conventional Column 148 Lorain OH 44039 Multifamily Conventional Column 149 Harris TX 77088 Multifamily Conventional Column 150 Chester PA 19087 Office Suburban Column 151 Hillsborough FL 33609 Multifamily Conventional Column 152 Dallas TX 75208 Multifamily Conventional Column 153 Mohave AZ 86401 Manufactured Housing N/A Column 154 Dallas TX 75234 Retail Unanchored Column 155 Russell AL 36867 Multifamily Conventional Column 156 Linn OR 97321 Multifamily Conventional Column 4A Cuyahoga OH 44119 Self Storage N/A 4AA Harris TX 77099 Self Storage N/A 4B Middlesex MA 01826 Self Storage N/A 4C Essex MA 01844 Self Storage N/A 4D Harris TX 77081 Self Storage N/A 4E Barnstable MA 02563 Self Storage N/A 4F Cobb GA 30062 Self Storage N/A 4G Dallas TX 75150 Self Storage N/A 4H Dallas TX 75228 Self Storage N/A 4I Harris TX 77043 Self Storage N/A 4J Harris TX 77092 Self Storage N/A 4K Richland SC 29209 Self Storage N/A 4L Harrisburg PA 17055 Self Storage N/A 4M Trumbull OH 44483 Self Storage N/A 4N Harris TX 77090 Self Storage N/A 4O York ME 04072 Self Storage N/A 4P Dallas TX 75149 Self Storage N/A 4Q East Baton Rouge Parish LA 70816 Self Storage N/A 4R Harris TX 77066 Self Storage N/A 4S Bexar TX 78211 Self Storage N/A 4T Dallas TX 75235 Self Storage N/A 4U Bexar TX 78227 Self Storage N/A 4V Camden GA 31548 Self Storage N/A 4W Horry SC 29577 Self Storage N/A 4X Harris TX 77072 Self Storage N/A 4Y NAV NY 13204 Self Storage N/A 4Z Harris TX 77086 Self Storage N/A UNITS/ $992,871,599 SQ. FT./ PERCENTAGE OF OCCUPANCY ROOMS/ ORIGINAL CUT-OFF INITIAL MATURITY FEE/ YEAR YEAR RATE AT # PADS BALANCE BALANCE (1) POOL BALANCE BALANCE LEASEHOLD BUILT RENOVATED U/W ------------------------------------------------------------------------------------------------------------------------------------ 1 477,461 $65,500,000 $65,294,018 6.6% $57,481,935 Fee 2001 N/A 100% 2 279,381 $53,000,000 $52,801,908 5.3% $46,519,378 Fee 2001 N/A 100% 3 237,079 $50,000,000 $50,000,000 5.0% $43,760,424 Fee 2000 N/A 95% 4 $48,000,000 $48,000,000 4.8% $38,639,192 FEE 5 185,718 $18,240,000 $18,159,078 1.8% $16,052,936 Fee 1995 N/A 100% 6 127,541 $12,400,000 $12,344,987 1.2% $10,913,180 Fee 1998 N/A 68% 7 89,656 $4,320,000 $4,300,834 0.4% $3,802,010 Fee 1993 N/A 100% 8 234,951 $33,000,000 $32,896,136 3.3% $27,365,056 Fee 2001 N/A 91% 9 413,965 $31,500,000 $29,428,137 3.0% $20,568,962 Fee 1991 N/A 100% 10 197,292 $28,250,000 $28,201,325 2.8% $24,886,016 Fee 1989 2000 100% 11 100,918 $23,500,000 $23,424,249 2.4% $20,556,580 Fee 2001 N/A 100% 12 103,924 $21,500,000 $21,421,366 2.2% $18,919,542 Fee 2001 N/A 95% 13 120,000 $21,000,000 $20,930,893 2.1% $18,319,170 Fee 1902 1983 100% 14 376 $20,240,000 $20,171,135 2.0% $17,576,455 Fee 1997 N/A 96% 15 112,695 $19,384,000 $19,345,706 1.9% $15,607,397 Fee 1979 2001 100% 16 176,710 $19,300,000 $19,277,617 1.9% $17,037,524 Fee 1985 N/A 97% 17 177,732 $17,750,000 $17,729,004 1.8% $15,574,119 Fee 2000 N/A 96% 18 350 $17,680,000 $17,635,029 1.8% $15,354,982 Fee 1998 N/A 96% 19 444 $17,500,000 $17,441,956 1.8% $15,249,838 Fee 1972 1995 90% 20 444 $13,000,000 $12,949,167 1.3% $11,348,095 Fee 1970 1999 92% 21 100,579 $12,730,000 $12,684,941 1.3% $11,244,747 Fee 1980 1995 95% 22 256 $12,000,000 $11,952,876 1.2% $10,469,636 Fee 1990 N/A 93% 23 112,747 $11,600,000 $11,600,000 1.2% $10,346,936 Fee 2000 N/A 95% 24 330 $11,000,000 $10,956,988 1.1% $9,602,234 Fee 1973 1999 91% 25 103,368 $10,800,000 $10,780,786 1.1% $9,465,357 Fee 1995 2000 92% 26 260 $10,400,000 $10,374,163 1.0% $9,061,356 Fee 1983 N/A 97% 27 150,000 $9,700,000 $9,700,000 1.0% $8,553,432 Fee 2002 N/A 100% 28 124 $8,571,000 $8,542,683 0.9% $7,472,889 Fee 1996 N/A 100% 29 78,364 $8,500,000 $8,480,179 0.9% $7,468,054 Fee 1935 1994 94% 30 51,465 $8,300,000 $8,300,000 0.8% $7,303,956 Fee 1997 N/A 89% 31 557,921 $8,325,000 $8,295,226 0.8% $6,709,742 Fee 1975 N/A 100% 32 111,445 $8,200,000 $8,185,735 0.8% $7,212,547 Fee 1999 N/A 93% 33 304 $8,000,000 $7,985,926 0.8% $7,024,039 Fee 1970 2001 96% 34 296 $7,800,000 $7,774,230 0.8% $6,800,670 Fee 1983 N/A 95% 35 72,514 $7,711,000 $7,697,714 0.8% $6,792,781 Fee 1988 N/A 97% 36 276 $7,600,000 $7,576,662 0.8% $7,228,814 Fee 1974 N/A 95% 37 332 $7,500,000 $7,474,281 0.8% $6,506,003 Fee 1965 2000 98% 38 103,736 $7,200,000 $7,173,089 0.7% $6,319,614 Fee 1986 1994 97% 39 52,961 $7,160,000 $7,160,000 0.7% $5,753,013 Fee 2000 N/A 94% 40 67,619 $6,950,000 $6,933,337 0.7% $6,084,165 Fee 1985 N/A 100% 41 276 $6,875,000 $6,840,240 0.7% $5,480,675 Fee 1970 2000 95% 42 82,117 $6,450,000 $6,419,140 0.6% $5,197,826 Fee 1981 1998 100% 43 142 $6,400,000 $6,374,760 0.6% $5,580,853 Fee 1972 N/A 96% 44 216 $6,160,000 $6,135,706 0.6% $5,371,571 Fee 1976 2000 98% 45 95,779 $6,024,000 $6,009,414 0.6% $5,266,642 Fee 2001 N/A 89% 46 300 $5,600,000 $5,581,571 0.6% $4,885,112 Fee 1979 1998 95% 47 228 $5,300,000 $5,279,098 0.5% $4,621,644 Fee 1974 1998 90% 48 128 $5,100,000 $5,093,836 0.5% $3,899,082 Fee 2000 N/A 97% 49 199 $5,000,000 $4,991,939 0.5% $4,007,480 Fee 1963 N/A 97% 50 232 $4,875,000 $4,867,304 0.5% $3,937,247 Fee 1968 2000 90% 51 188 $4,850,000 $4,830,873 0.5% $4,229,240 Fee 1979 N/A 95% 52 78,830 $4,700,000 $4,691,665 0.5% $4,121,314 Fee 2001 N/A 94% 53 36,576 $4,645,000 $4,633,753 0.5% $4,061,016 Fee 2000 N/A 97% 54 135 $4,600,000 $4,578,616 0.5% $4,025,561 Fee 1969 2000 93% 55 128 $4,496,000 $4,484,896 0.5% $3,439,411 Fee 2000 N/A 100% 56 67,181 $4,500,000 $4,477,932 0.5% $3,971,126 Fee 1989 1998 96% 57 236 $4,500,000 $4,472,812 0.5% $3,599,184 Fee 1976 N/A 100% 58 44,276 $4,400,000 $4,400,000 0.4% $3,729,565 Fee 1999 N/A 100% 59 62,283 $4,250,000 $4,242,499 0.4% $3,729,603 Fee 1978 2000 92% 60 190 $4,220,000 $4,200,834 0.4% $3,703,555 Fee 1958 2000 96% 61 15,722 $4,160,000 $4,138,449 0.4% $3,742,140 Fee 1950 1985 97% 62 124 $3,900,000 $3,881,288 0.4% $3,399,554 Fee 1984 N/A 95% 63 172 $3,900,000 $3,880,282 0.4% $3,109,037 Fee 1973 2000 90% 64 28,231 $3,803,000 $3,798,557 0.4% $3,349,593 Fee 1989 N/A 100% 65 68,066 $3,750,000 $3,743,487 0.4% $3,299,262 Fee 1988 N/A 93% 66 200 $3,750,000 $3,736,862 0.4% $3,243,306 Fee 1970 2000 100% 67 36,014 $3,700,000 $3,682,905 0.4% $3,286,345 Fee 1983 1987 86% 68 141 $3,500,000 $3,483,184 0.4% $3,095,642 Fee 1963 1994 96% 69 29,400 $3,400,000 $3,392,008 0.3% $2,984,150 Fee 2000 N/A 100% 70 124 $3,200,000 $3,188,093 0.3% $2,559,315 Fee 1965 2000 96% 71 24,541 $3,184,000 $3,180,234 0.3% $2,793,690 Fee 1999 N/A 95% 72 120 $3,120,000 $3,106,711 0.3% $2,759,078 Fee 1977 N/A 95% 73 15,120 $3,054,000 $3,044,396 0.3% $2,680,151 Fee 2001 N/A 100% 74 152 $3,050,000 $3,032,435 0.3% $2,676,882 Fee 1972 2001 92% 75 15,120 $3,031,000 $3,019,671 0.3% $2,660,382 Fee 2001 N/A 100% 76 112 $3,025,000 $3,009,190 0.3% $2,682,642 Fee 1979 1998 94% 77 15,120 $2,992,500 $2,983,089 0.3% $2,626,178 Fee 2001 N/A 100% 78 25,230 $2,950,000 $2,939,449 0.3% $2,377,627 Leasehold 2001 N/A 100% 79 14,490 $2,949,000 $2,937,978 0.3% $2,588,408 Fee 2001 N/A 100% 80 176 $2,875,000 $2,858,939 0.3% $2,531,732 Fee 1970 1998 93% 81 123 $2,850,000 $2,839,255 0.3% $2,498,929 Fee 1971 2000 96% 82 96 $2,800,000 $2,788,430 0.3% $2,484,695 Fee 1974 1979 95% 83 23,326 $2,740,000 $2,730,200 0.3% $2,208,371 Fee 1986 2000 100% 84 66,950 $2,725,000 $2,718,467 0.3% $2,385,519 Fee 1999 N/A 74% 85 112 $2,600,000 $2,592,220 0.3% $2,296,265 Fee 1972 2000 98% 86 79,278 $2,600,000 $2,582,737 0.3% $2,116,260 Fee 1982 N/A 98% 87 63 $2,560,000 $2,546,458 0.3% $2,267,452 Fee 1958 2000 97% 88 15,120 $2,536,875 $2,528,897 0.3% $2,226,328 Fee 2001 N/A 100% 89 19,544 $2,515,000 $2,510,842 0.3% $2,229,952 Fee 2000 N/A 100% 90 70,853 $2,500,000 $2,496,044 0.3% $2,017,268 Fee 1996 N/A 83% 91 60 $2,433,000 $2,426,932 0.2% $2,118,708 Fee 1978 N/A 98% 92 30,157 $2,355,000 $2,348,916 0.2% $1,897,150 Fee 2001 N/A 100% 93 150 $2,320,000 $2,306,733 0.2% $1,584,565 Fee 1970 1998 98% 94 15,120 $2,260,000 $2,256,494 0.2% $1,836,798 Fee 2000 N/A 100% 95 69 $2,200,000 $2,192,379 0.2% $1,783,919 Fee 1987 N/A 96% 96 48 $2,170,000 $2,159,632 0.2% $1,892,548 Fee 1963 2001 98% 97 98 $2,140,000 $2,127,974 0.2% $1,734,302 Fee 1962 N/A 99% 98 17,600 $2,100,000 $2,100,000 0.2% $75,182 Fee 2001 N/A 100% 99 161 $2,100,000 $2,091,806 0.2% $1,833,637 Fee 1962 1996 91% 100 29,863 $2,030,000 $1,999,425 0.2% $1,844,680 Fee 1945 1987 100% 101 24,884 $2,000,000 $1,997,669 0.2% $1,762,887 Fee 2001 N/A 88% 102 16 $2,000,000 $1,993,392 0.2% $1,743,761 Fee 1965 2000 100% 103 100 $2,000,000 $1,992,558 0.2% $1,599,572 Fee 1983 2001 99% 104 102 $1,925,000 $1,918,946 0.2% $1,689,355 Fee 1966 1992 99% 105 30 $1,900,000 $1,895,326 0.2% $1,657,634 Fee 1996 N/A 93% 106 25,361 $1,900,000 $1,895,191 0.2% $1,537,587 Fee 1984 2000 95% 107 10,803 $1,900,000 $1,893,275 0.2% $1,678,320 Fee 2001 N/A 100% 108 56 $1,775,000 $1,768,717 0.2% $1,567,904 Fee 1985 N/A 96% 109 50,428 $1,725,000 $1,719,629 0.2% $1,515,782 Fee 1974 N/A 97% 110 100 $1,700,000 $1,696,160 0.2% $1,499,706 Fee 1967 2001 100% 111 96 $1,630,000 $1,622,597 0.2% $1,430,521 Fee 1965 1999 99% 112 19,848 $1,620,000 $1,614,353 0.2% $1,433,497 Fee 1990 N/A 95% 113 45,000 $1,600,000 $1,591,115 0.2% $1,299,402 Fee 1983 1992 100% 114 54 $1,480,000 $1,475,253 0.1% $1,295,471 Fee 1989 N/A 100% 115 32 $820,000 $814,246 0.1% $660,837 Fee 1969 N/A 100% 116 24 $640,000 $635,509 0.1% $515,776 Fee 1965 2001 100% 117 55 $1,320,000 $1,320,000 0.1% $1,061,594 Fee 1973 1980 100% 118 186 $1,334,000 $1,319,426 0.1% $920,890 Fee 1971 1999 93% 119 24 $1,280,000 $1,268,208 0.1% $879,038 Fee 1989 N/A 100% 120 36 $1,266,000 $1,263,867 0.1% $991,730 Fee 2000 N/A 97% 121 52 $1,200,000 $1,195,845 0.1% $1,062,643 Fee 1928 2001 98% 122 27,256 $1,200,000 $1,194,299 0.1% $1,074,311 Fee 2001 N/A 100% 123 66 $1,210,000 $1,192,874 0.1% $838,075 Fee 1920 1965 100% 124 21,683 $1,150,000 $1,146,413 0.1% $950,424 Fee 1984 N/A 100% 125 236 $1,140,000 $1,135,504 0.1% $994,089 Fee 1981 N/A 82% 126 40 $1,134,000 $1,125,482 0.1% $778,593 Fee 1963 2000 95% 127 124 $1,125,000 $1,119,648 0.1% $981,678 Fee 1970 N/A 87% 128 14,217 $1,050,000 $1,046,093 0.1% $839,775 Fee 1997 N/A 100% 129 8,605 $1,040,000 $1,036,952 0.1% $937,394 Fee 1989 N/A 100% 130 48 $1,040,000 $1,033,975 0.1% $838,251 Fee 1956 N/A 96% 131 28 $1,024,000 $1,019,356 0.1% $911,299 Fee 1965 N/A 100% 132 56 $1,011,000 $1,007,270 0.1% $784,328 Fee 1999 N/A 96% 133 14,803 $1,007,486 $1,002,783 0.1% $903,458 Fee 1976 2001 96% 134 83 $1,000,000 $996,374 0.1% $880,875 Fee 1969 N/A 98% 135 8,328 $1,000,000 $992,932 0.1% $698,858 Fee 1999 N/A 100% 136 62 $1,000,000 $990,787 0.1% $686,748 Fee 1965 N/A 97% 137 13,962 $1,000,000 $980,408 0.1% $25,485 Fee 2001 N/A 100% 138 32 $976,000 $974,207 0.1% $850,926 Fee 2000 N/A 100% 139 449,600 $888,000 $878,360 0.1% $614,098 Fee 1972 N/A 90% 140 34 $875,000 $871,345 0.1% $775,510 Fee 1972 N/A 97% 141 38,375 $875,000 $868,366 0.1% $726,066 Fee 1986 N/A 87% 142 13,400 $850,000 $844,175 0.1% $715,768 Fee 1981 N/A 100% 143 19,350 $850,000 $843,747 0.1% $708,504 Fee 1975 2000 100% 144 66 $800,000 $796,405 0.1% $712,645 Fee 1974 2000 95% 145 25 $800,000 $795,404 0.1% $645,791 Fee 1955 1990 100% 146 14,400 $750,000 $746,179 0.1% $618,101 Fee 1975 1996 94% 147 33 $715,000 $712,013 0.1% $633,702 Fee 1973 N/A 97% 148 46 $700,000 $698,444 0.1% $618,769 Fee 1974 1998 100% 149 24 $671,500 $667,891 0.1% $601,932 Fee 1984 N/A 96% 150 5,500 $675,000 $667,476 0.1% $481,577 Fee 2000 N/A 100% 151 25 $584,000 $579,863 0.1% $480,902 Fee 1972 1998 100% 152 16 $560,000 $556,864 0.1% $454,110 Fee 1925 1999 100% 153 62 $550,000 $547,400 0.1% $480,311 Fee 1975 N/A 98% 154 8,400 $550,000 $546,275 0.1% $463,898 Fee 1983 2000 100% 155 24 $500,000 $498,131 0.1% $438,862 Fee 1986 N/A 96% 156 18 $500,000 $497,319 0.1% $448,305 Fee 1975 N/A 100% 4A 74,882 1979 N/A 91% 4AA 51,200 1983 N/A 88% 4B 46,126 1986 N/A 84% 4C 41,040 1984 N/A 86% 4D 124,674 1979 N/A 88% 4E 39,000 1986 N/A 93% 4F 59,450 1995 N/A 85% 4G 81,973 1984 N/A 90% 4H 79,046 1974 N/A 88% 4I 52,860 1995 N/A 92% 4J 108,839 1968 N/A 84% 4K 72,976 1986 N/A 56% 4L 59,450 1977 N/A 88% 4M 60,200 1986 N/A 85% 4N 108,318 1979 N/A 88% 4O 53,750 1984 N/A 94% 4P 63,240 1985 N/A 92% 4Q 71,920 1971 N/A 75% 4R 77,454 1979 N/A 84% 4S 48,782 1980 N/A 83% 4T 61,520 1985 N/A 90% 4U 64,475 1982 N/A 91% 4V 66,837 1989 N/A 62% 4W 61,510 1981 N/A 44% 4X 61,275 1985 N/A 75% 4Y 34,350 1987 N/A 87% 4Z 57,279 1984 N/A 89% --------------------------------------------------------------- ------------- $997,700,361 $992,871,599 100.0% $849,985,455 96% =============================================================== ============= MATURITY/ DATE OF CUT-OFF ARD ENGINEERING OCCUPANCY APPRAISED DATE LTV DATE LTV U/W U/W U/W RESERVE AT # RATE VALUE RATIO (2) RATIO (2) (3) NOI NCF (4) DSCR (5) ORIGINATION ----------------------------------------------------------------------------------------------------------------------- 1 11/30/2001 $87,000,000 75.1% 66.1% $7,713,308 $7,538,374 1.41 x $9,375 2 11/30/2001 $73,700,000 71.6% 63.1% $6,544,788 $6,021,094 1.39 x N/A 3 01/11/2002 $64,850,000 77.1% 67.5% $5,378,388 $5,130,079 1.27 x N/A 4 $72,915,000 65.8% 53.0% $6,942,911 $6,626,696 1.60 X $1,800,000 5 11/30/2001 $22,800,000 79.5% 70.2% $1,987,111 $1,877,859 1.28 x $13,750 6 11/30/2001 $15,500,000 79.5% 70.2% $1,458,107 $1,379,105 1.28 x N/A 7 11/30/2001 $5,500,000 79.5% 70.2% $505,630 $458,163 1.28 x N/A 8 11/27/2001 $42,000,000 78.3% 65.2% $3,993,267 $3,606,114 1.25 x N/A 9 11/30/2001 $38,200,000 77.0% 53.8% $3,834,378 $3,637,237 1.27 x N/A 10 12/01/2001 $45,600,000 61.8% 54.6% $3,644,248 $3,405,524 1.45 x N/A 11 10/01/2001 $29,600,000 79.1% 69.4% $2,595,859 $2,544,688 1.34 x N/A 12 09/13/2001 $27,500,000 77.9% 68.8% $2,447,489 $2,371,727 1.33 x N/A 13 01/01/2002 $28,400,000 73.7% 64.5% $2,269,478 $2,094,463 1.25 x $5,000 14 09/13/2001 $25,300,000 79.7% 69.5% $2,125,916 $2,031,916 1.28 x $250,000 15 10/29/2001 $27,200,000 71.1% 57.4% $2,212,200 $1,999,815 1.21 x N/A 16 11/01/2001 $26,300,000 73.3% 64.8% $2,535,843 $2,260,842 1.40 x $45,893 17 08/16/2001 $23,500,000 75.4% 66.3% $2,022,013 $1,903,270 1.31 x N/A 18 09/20/2001 $22,100,000 79.8% 69.5% $1,935,427 $1,847,927 1.33 x N/A 19 10/11/2001 $21,900,000 79.6% 69.6% $2,008,953 $1,897,953 1.36 x $157,664 20 10/20/2001 $17,250,000 75.1% 65.8% $1,649,168 $1,538,168 1.48 x N/A 21 11/12/2001 $16,650,000 76.2% 67.5% $1,545,987 $1,424,114 1.33 x $13,375 22 08/20/2001 $15,000,000 79.7% 69.8% $1,283,984 $1,219,984 1.27 x $168,000 23 10/01/2001 $14,500,000 80.0% 71.4% $1,298,252 $1,242,647 1.32 x N/A 24 11/20/2001 $14,000,000 78.3% 68.6% $1,273,102 $1,190,602 1.35 x $7,500 25 11/06/2001 $14,400,000 74.9% 65.7% $1,265,746 $1,187,867 1.35 x N/A 26 10/18/2001 $13,340,000 77.8% 67.9% $1,234,648 $1,169,648 1.41 x $275,000 27 02/25/2002 $13,000,000 74.6% 65.8% $1,090,168 $1,012,355 1.25 x N/A 28 10/16/2001 $11,000,000 77.7% 67.9% $886,391 $855,391 1.25 x N/A 29 11/08/2001 $11,400,000 74.4% 65.5% $1,002,191 $875,042 1.25 x N/A 30 01/23/2002 $11,500,000 72.2% 63.5% $1,003,403 $908,839 1.33 x N/A 31 12/19/2001 $13,000,000 63.8% 51.6% $1,248,195 $1,146,205 1.59 x N/A 32 02/20/2002 $10,600,000 77.2% 68.0% $922,275 $847,020 1.25 x N/A 33 11/16/2001 $10,250,000 77.9% 68.5% $935,290 $935,290 1.43 x $65,000 34 10/17/2001 $12,300,000 63.2% 55.3% $1,183,127 $1,109,127 1.78 x $81,750 35 12/18/2001 $10,900,000 70.6% 62.3% $927,043 $815,181 1.27 x N/A 36 09/17/2001 $10,300,000 73.6% 70.2% $1,110,132 $1,041,132 1.65 x $23,125 37 11/29/2001 $9,450,000 79.1% 68.8% $985,967 $902,967 1.54 x N/A 38 08/20/2001 $9,100,000 78.8% 69.4% $914,295 $869,322 1.47 x $5,000 39 12/31/2001 $9,550,000 75.0% 60.2% $842,130 $808,218 1.32 x N/A 40 10/04/2001 $9,900,000 70.0% 61.5% $902,717 $785,699 1.39 x N/A 41 11/29/2001 $9,000,000 76.0% 60.9% $978,313 $909,313 1.57 x N/A 42 10/01/2001 $9,000,000 71.3% 57.8% $794,623 $728,260 1.30 x $30,000 43 09/11/2001 $8,000,000 79.7% 69.8% $723,817 $677,760 1.33 x $15,625 44 09/20/2001 $7,700,000 79.7% 69.8% $733,645 $679,645 1.38 x $21,250 45 11/15/2001 $8,910,000 67.4% 59.1% $670,252 $670,252 1.38 x N/A 46 12/10/2001 $8,170,000 68.3% 59.8% $783,355 $708,355 1.58 x $310,755 47 11/23/2001 $7,650,000 69.0% 60.4% $658,494 $601,494 1.42 x N/A 48 10/19/2001 $6,000,000 84.9% 65.0% $500,651 $468,651 1.15 x N/A 49 12/31/2001 $7,070,000 70.6% 56.7% $535,148 $535,148 1.25 x N/A 50 12/05/2001 $6,500,000 74.9% 60.6% $626,855 $626,855 1.47 x $43,750 51 12/11/2001 $6,430,000 75.1% 65.8% $637,516 $590,516 1.53 x $94,750 52 12/05/2001 $5,925,000 79.2% 69.6% $505,440 $485,695 1.27 x N/A 53 11/05/2001 $5,900,000 78.5% 68.8% $526,885 $478,649 1.28 x N/A 54 10/11/2001 $5,750,000 79.6% 70.0% $552,769 $519,019 1.39 x N/A 55 08/29/2001 $5,290,000 84.8% 65.0% $481,304 $449,304 1.25 x N/A 56 04/19/2001 $6,000,000 74.6% 66.2% $520,842 $502,094 1.34 x $21,316 57 06/27/2001 $6,850,000 65.3% 52.5% $568,773 $510,023 1.34 x N/A 58 12/11/2001 $6,500,000 67.7% 57.4% $518,884 $518,884 1.41 x N/A 59 02/05/2002 $6,100,000 69.5% 61.1% $507,361 $465,916 1.34 x N/A 60 10/09/2001 $5,300,000 79.3% 69.9% $515,127 $467,627 1.35 x $44,875 61 11/30/2001 $5,770,000 71.7% 64.9% $549,517 $524,322 1.40 x N/A 62 07/22/2001 $5,000,000 77.6% 68.0% $430,940 $397,832 1.28 x N/A 63 12/21/2001 $5,200,000 74.6% 59.8% $524,276 $481,276 1.47 x N/A 64 10/26/2001 $5,125,000 74.1% 65.4% $439,330 $392,519 1.24 x $17,000 65 11/15/2001 $5,200,000 72.0% 63.4% $500,771 $415,839 1.34 x N/A 66 11/30/2001 $5,300,000 70.5% 61.2% $654,116 $604,116 2.08 x $20,250 67 12/31/2001 $5,450,000 67.6% 60.3% $467,764 $420,496 1.33 x N/A 68 01/08/2002 $4,700,000 74.1% 65.9% $507,938 $471,983 1.60 x $21,220 69 08/27/2001 $4,700,000 72.2% 63.5% $383,802 $352,998 1.27 x N/A 70 11/06/2001 $4,100,000 77.8% 62.4% $405,825 $374,825 1.38 x $39,063 71 1/14/2002 $4,200,000 75.7% 66.5% $373,379 $329,212 1.26 x N/A 72 07/25/2001 $3,900,000 79.7% 70.7% $354,290 $324,290 1.23 x $14,375 73 10/04/2001 $4,250,000 71.6% 63.1% $327,532 $327,532 1.31 x N/A 74 10/01/2001 $3,900,000 77.8% 68.6% $348,114 $310,114 1.24 x $61,250 75 12/31/2001 $3,800,000 79.5% 70.0% $317,832 $317,832 1.28 x N/A 76 11/23/2001 $4,750,000 63.4% 56.5% $407,868 $379,868 1.47 x $1,250 77 09/01/2001 $4,000,000 74.6% 65.7% $322,682 $322,682 1.32 x N/A 78 08/31/2001 $4,200,000 70.0% 56.6% $333,993 $323,313 1.26 x N/A 79 12/27/2001 $3,700,000 79.4% 70.0% $309,584 $309,584 1.28 x N/A 80 12/01/2001 $4,100,000 69.7% 61.7% $431,307 $376,747 1.58 x $58,125 81 07/01/2001 $3,590,000 79.1% 69.6% $401,419 $370,669 1.60 x $19,875 82 09/25/2001 $3,650,000 76.4% 68.1% $378,726 $354,534 1.48 x $64,745 83 10/23/2001 $3,900,000 70.0% 56.6% $337,655 $296,957 1.25 x N/A 84 01/25/2002 $4,670,000 58.2% 51.1% $371,733 $371,733 1.68 x N/A 85 11/01/2001 $3,250,000 79.8% 70.7% $434,026 $404,570 1.85 x $22,750 86 10/31/2001 $3,600,000 71.7% 58.8% $389,207 $313,100 1.35 x $11,625 87 08/23/2001 $3,200,000 79.6% 70.9% $280,422 $264,672 1.22 x $103,670 88 09/28/2001 $3,400,000 74.4% 65.5% $274,182 $274,182 1.32 x N/A 89 08/06/2001 $3,290,000 76.3% 67.8% $302,391 $277,084 1.29 x N/A 90 01/08/2002 $3,550,000 70.3% 56.8% $317,980 $317,980 1.46 x N/A 91 11/01/2001 $3,250,000 74.7% 65.2% $231,920 $231,920 1.20 x $39,688 92 12/11/2001 $3,650,000 64.4% 52.0% $313,069 $295,977 1.45 x N/A 93 10/10/2001 $3,350,000 68.9% 47.3% $349,778 $312,278 1.44 x $13,750 94 12/10/2001 $3,125,000 72.2% 58.8% $257,692 $257,692 1.28 x N/A 95 10/15/2001 $3,180,000 68.9% 56.1% $276,421 $276,421 1.42 x N/A 96 07/18/2001 $2,850,000 75.8% 66.4% $290,506 $290,506 1.68 x $13,938 97 06/04/2001 $2,680,000 79.4% 64.7% $282,635 $254,411 1.35 x $43,625 98 12/31/2001 $3,025,000 69.4% 2.5% $276,682 $259,843 1.30 x N/A 99 11/23/2001 $3,100,000 67.5% 59.1% $259,440 $218,940 1.30 x $47,928 100 11/13/2001 $3,200,000 62.5% 57.6% $355,253 $315,858 1.66 x $44,375 101 1/8/2002 $2,750,000 72.6% 64.1% $247,914 $219,278 1.32 x N/A 102 10/01/2001 $2,530,000 78.8% 68.9% $221,998 $221,998 1.39 x N/A 103 09/01/2001 $2,800,000 71.2% 57.1% $247,954 $222,954 1.31 x $5,206 104 10/01/2001 $2,550,000 75.3% 66.2% $293,855 $268,355 1.70 x $15,338 105 01/14/2002 $2,500,000 75.8% 66.3% $245,233 $237,483 1.56 x N/A 106 08/28/2001 $2,590,000 73.2% 59.4% $237,168 $218,518 1.31 x N/A 107 11/01/2001 $2,670,000 70.9% 62.9% $230,384 $202,418 1.27 x N/A 108 12/01/2001 $2,230,000 79.3% 70.3% $201,310 $187,310 1.26 x $75,000 109 01/07/2002 $2,825,000 60.9% 53.7% $290,833 $225,988 1.59 x $20,000 110 12/01/2001 $2,200,000 77.1% 68.2% $270,458 $245,458 1.73 x $12,188 111 10/10/2001 $2,290,000 70.9% 62.5% $219,835 $195,547 1.47 x $69,750 112 09/07/2001 $2,450,000 65.9% 58.5% $212,193 $191,652 1.40 x $13,750 113 09/01/2001 $2,450,000 64.9% 53.0% $256,974 $200,724 1.41 x N/A 114 09/01/2001 $1,970,000 74.9% 65.8% $175,451 $172,751 1.44 x N/A 115 08/01/2001 $1,050,000 76.9% 62.4% $112,012 $103,724 1.41 x $2,438 116 08/01/2001 $835,000 76.9% 62.4% $81,167 $74,447 1.41 x N/A 117 2/8/2002 $1,650,000 80.0% 64.3% $205,330 $191,580 1.69 x N/A 118 08/22/2001 $1,800,000 73.3% 51.2% $163,859 $154,559 1.21 x $3,063 119 11/01/2001 $1,600,000 79.3% 54.9% $166,137 $157,737 1.30 x $17,563 120 11/12/2001 $1,560,000 81.0% 63.6% $137,021 $128,021 1.20 x N/A 121 12/31/2001 $1,635,000 73.1% 65.0% $162,428 $149,428 1.47 x $16,250 122 06/18/2001 $1,800,000 66.3% 59.7% $169,344 $144,531 1.36 x N/A 123 08/31/2001 $1,590,000 75.0% 52.7% $210,182 $193,682 1.66 x N/A 124 10/30/2001 $1,575,000 72.8% 60.3% $166,972 $143,202 1.33 x N/A 125 01/10/2002 $1,600,000 71.0% 62.1% $150,388 $138,588 1.52 x N/A 126 12/18/2001 $1,450,000 77.6% 53.7% $141,918 $131,918 1.23 x $5,500 127 07/01/2001 $3,125,000 35.8% 31.4% $187,701 $181,551 2.02 x $1,250 128 12/01/2001 $1,400,000 74.7% 60.0% $133,216 $125,396 1.41 x N/A 129 01/08/2002 $1,460,000 71.0% 64.2% $140,038 $126,700 1.34 x $15,838 130 12/01/2001 $1,300,000 79.5% 64.5% $150,147 $147,747 1.64 x $3,282 131 12/01/2001 $1,280,000 79.6% 71.2% $142,781 $132,057 1.49 x $6,125 132 07/11/2001 $1,190,000 84.6% 65.9% $129,841 $115,841 1.39 x N/A 133 10/17/2001 $1,535,000 65.3% 58.9% $135,626 $115,550 1.29 x $3,875 134 12/04/2001 $1,250,000 79.7% 70.5% $108,256 $104,156 1.25 x N/A 135 10/01/2001 $1,400,000 70.9% 49.9% $140,430 $130,764 1.33 x $1,563 136 12/20/2001 $1,600,000 61.9% 42.9% $153,028 $148,812 1.57 x $3,125 137 12/04/2001 $1,820,000 53.9% 1.4% $186,277 $169,732 1.45 x $1,988 138 11/03/2001 $1,220,000 79.9% 69.7% $114,114 $106,114 1.36 x N/A 139 08/01/2001 $1,500,000 58.6% 40.9% $128,854 $119,614 1.40 x $13,000 140 09/25/2001 $1,150,000 75.8% 67.4% $107,581 $99,081 1.33 x $31,073 141 10/11/2001 $1,225,000 70.9% 59.3% $121,827 $116,071 1.40 x $1,250 142 10/01/2001 $1,700,000 49.7% 42.1% $143,890 $128,480 1.53 x $108,280 143 05/01/2001 $1,225,000 68.9% 57.8% $133,264 $114,544 1.41 x $5,481 144 01/18/2002 $1,000,000 79.6% 71.3% $131,411 $114,911 1.66 x $16,063 145 11/21/2001 $1,100,000 72.3% 58.7% $117,105 $106,729 1.53 x N/A 146 12/31/2001 $1,100,000 67.8% 56.2% $116,789 $102,389 1.47 x $3,125 147 06/30/2001 $1,000,000 71.2% 63.4% $95,061 $86,547 1.42 x $22,425 148 12/17/2001 $1,100,000 63.5% 56.3% $126,072 $114,572 1.94 x $1,375 149 09/05/2001 $900,000 74.2% 66.9% $108,268 $101,932 1.71 x $11,375 150 12/31/2001 $1,325,000 50.4% 36.3% $126,667 $103,995 1.50 x N/A 151 10/31/2001 $730,000 79.4% 65.9% $82,442 $76,692 1.42 x $3,438 152 12/31/2001 $700,000 79.6% 64.9% $77,256 $73,256 1.48 x N/A 153 12/31/2001 $1,330,000 41.2% 36.1% $121,054 $117,954 2.67 x N/A 154 08/31/2001 $800,000 68.3% 58.0% $80,790 $72,384 1.33 x N/A 155 08/23/2001 $675,000 73.8% 65.0% $64,069 $56,653 1.38 x $26,250 156 09/01/2001 $625,000 79.6% 71.7% $61,745 $57,245 1.29 x $4,313 4A 12/01/2001 $5,000,000 4AA 12/09/2001 $1,250,000 4B 12/17/2001 $4,540,000 4C 12/17/2001 $4,400,000 4D 12/09/2001 $4,070,000 4E 12/14/2001 $3,820,000 4F 12/03/2001 $3,875,000 4G 12/10/2001 $3,560,000 4H 12/01/2001 $3,240,000 4I 12/04/2001 $3,110,000 4J 12/10/2001 $2,940,000 4K 11/30/2001 $3,000,000 4L 12/01/2001 $2,600,000 4M 12/01/2001 $2,550,000 4N 12/10/2001 $2,500,000 4O 12/11/2001 $2,530,000 4P 12/10/2001 $2,290,000 4Q 12/01/2001 $2,050,000 4R 12/10/2001 $1,990,000 4S 12/03/2001 $1,920,000 4T 12/10/2001 $1,810,000 4U 12/10/2001 $1,820,000 4V 12/12/2001 $1,800,000 4W 12/11/2001 $1,650,000 4X 12/10/2001 $1,600,000 4Y 12/12/2001 $1,500,000 4Z 12/10/2001 $1,500,000 ------------------------- ----------- 74.3% 63.8% 1.37X ========================= =========== CONTRACTUAL U/W RECURRING CONTRACTUAL RECURRING INITIAL ORIG REM. ORIG REM. REPLACEMENT RECURRING REPLACEMENT U/W INTEREST ONLY AMORT. AMORT. TERM TO TERM TO # RESERVE TI & LC RESERVE TI & LC TERM TERM TERM MATURITY (6) MATURITY (6) ------------------------------------------------------------------------------------------------------------------------------- 1 $71,619 $130,000 $47,739 $127,195 0 360 356 120 116 2 $56,090 $275,000 $55,876 $467,818 0 360 355 120 115 3 N/A $64,272 $40,303 $248,309 0 360 360 120 120 4 $316,200 N/A $316,215 N/A 0 300 300 120 120 5 $27,858 $52,008 $27,858 $109,252 0 360 354 120 114 6 $19,008 $36,000 $19,131 $79,002 0 360 354 120 114 7 $13,440 $12,000 $13,448 $47,467 0 360 354 120 114 8 N/A $120,000 $35,243 $351,910 0 312 309 120 117 9 $61,032 $187,032 $62,095 $135,046 0 300 247 180 127 10 $39,456 $200,004 $29,594 $209,130 0 360 358 120 118 11 N/A N/A $15,138 $36,033 0 360 356 120 116 12 $15,589 $72,747 $15,589 $60,173 0 360 355 120 115 13 $19,200 $27,500 $24,000 $151,015 0 360 356 120 116 14 $94,000 N/A $94,000 N/A 0 360 356 120 116 15 $7,410 $192,000 $22,539 $212,385 0 300 298 120 118 16 $35,493 $100,000 $39,945 $235,055 0 360 359 120 119 17 $26,660 $100,000 $26,712 $92,031 0 360 359 120 119 18 $87,500 N/A $87,500 N/A 0 360 357 120 117 19 $111,000 N/A $111,000 N/A 0 360 356 120 116 20 $111,000 N/A $111,000 N/A 0 360 355 120 115 21 $29,168 $134,242 $20,116 $101,757 0 360 355 120 115 22 $64,000 N/A $64,000 N/A 0 360 355 120 115 23 N/A $12,000 $16,912 $38,693 12 360 360 120 117 24 $82,500 N/A $82,500 N/A 0 360 355 120 115 25 $15,401 N/A $15,505 $77,879 0 360 358 120 118 26 $65,000 N/A $65,000 N/A 0 360 357 120 117 27 $22,500 $60,000 $22,500 $55,313 0 360 360 120 120 28 $31,000 N/A $31,000 N/A 0 360 356 120 116 29 $19,591 $83,328 $19,591 $127,149 0 360 357 120 117 30 $10,306 $60,000 $12,866 $94,565 0 360 360 120 120 31 N/A N/A $55,792 $101,990 0 300 297 120 117 32 $16,717 $25,535 $16,717 $75,255 0 360 358 120 118 33 $75,996 N/A $91,200 N/A 0 360 358 120 118 34 $74,000 N/A $74,000 N/A 0 360 356 120 116 35 $14,523 $90,000 $14,470 $97,392 0 360 358 120 118 36 $69,000 N/A $69,000 N/A 0 360 356 60 56 37 $83,000 N/A $83,000 N/A 0 360 356 120 116 38 $21,000 N/A $20,747 $24,226 0 360 355 120 115 39 $7,944 N/A $7,943 $25,968 0 300 300 120 120 40 $13,524 $75,000 $13,524 $103,494 0 360 357 120 117 41 $69,000 N/A $69,000 N/A 0 300 296 120 116 42 N/A $62,875 $16,423 $66,363 0 300 296 120 116 43 $42,600 N/A $46,057 N/A 0 360 355 120 115 44 $54,000 N/A $54,000 N/A 0 360 355 120 115 45 $14,364 N/A $14,368 N/A 0 360 357 120 117 46 $75,000 N/A $75,000 N/A 0 360 356 120 116 47 $57,000 N/A $57,000 N/A 0 360 355 120 115 48 $32,004 N/A $32,000 N/A 0 360 359 180 179 49 N/A N/A $59,700 N/A 0 300 299 120 119 50 $69,600 N/A $72,826 N/A 0 300 299 120 119 51 $47,000 N/A $47,000 N/A 0 360 355 120 115 52 $2,880 N/A $11,825 $19,745 0 360 358 120 118 53 $7,354 $40,000 $7,315 $40,921 0 360 357 120 117 54 $33,750 N/A $33,750 N/A 0 360 354 120 114 55 $32,000 N/A $32,000 N/A 0 360 357 180 177 56 N/A N/A $10,077 $8,671 0 360 353 120 113 57 $58,750 N/A $58,750 N/A 0 300 295 120 115 58 N/A N/A $6,641 N/A 0 360 360 144 144 59 $8,763 $12,000 $8,772 $32,673 0 360 358 120 118 60 $47,500 N/A $47,500 N/A 0 360 354 120 114 61 $2,310 $4,596 $2,358 $22,837 0 360 351 120 111 62 N/A N/A $33,108 N/A 0 360 354 120 114 63 $43,000 N/A $43,000 N/A 0 300 296 120 116 64 $6,775 $36,000 $6,775 $40,036 0 360 359 120 119 65 $13,613 $50,000 $18,361 $66,571 0 360 358 120 118 66 $50,000 N/A $50,000 N/A 0 360 356 120 116 67 N/A $36,024 $9,724 $37,544 0 360 353 120 113 68 $35,955 N/A $35,955 N/A 0 360 353 120 113 69 N/A N/A $4,410 $26,394 0 360 357 120 117 70 $31,500 N/A $31,000 N/A 0 300 297 120 117 71 $4,871 $25,000 $4,908 $39,259 0 360 359 120 119 72 $30,000 N/A $30,000 N/A 0 360 354 120 114 73 N/A N/A $2,268 N/A 0 360 356 120 116 74 $38,000 N/A $38,000 N/A 0 360 352 120 112 75 $2,268 N/A $2,268 N/A 0 360 355 120 115 76 $28,000 N/A $28,000 N/A 0 360 352 120 112 77 $2,268 N/A $2,268 N/A 0 360 356 120 116 78 $3,785 $9,997 $3,785 $10,680 0 300 297 120 117 79 $2,174 N/A $2,174 N/A 0 360 355 120 115 80 $44,000 N/A $54,560 N/A 0 360 352 120 112 81 $30,504 N/A $30,750 N/A 0 360 355 120 115 82 $24,192 N/A $24,192 N/A 0 360 354 120 114 83 $6,531 $36,000 $6,531 $40,699 0 300 297 120 117 84 $6,340 N/A $13,420 N/A 0 360 357 120 117 85 $29,456 N/A $29,456 N/A 0 360 356 120 116 86 N/A N/A $16,648 $59,459 0 300 294 120 114 87 $15,750 N/A $15,750 N/A 0 360 352 120 112 88 $2,088 N/A $2,268 N/A 0 360 356 120 116 89 $3,909 $30,000 $3,909 $21,398 0 360 358 120 118 90 N/A N/A $14,160 N/A 0 300 299 120 119 91 $17,520 N/A $17,520 N/A 0 360 357 120 117 92 N/A N/A $4,524 $17,092 0 300 298 120 118 93 $37,500 N/A $37,500 N/A 0 240 237 120 117 94 N/A N/A $2,268 N/A 0 300 299 120 119 95 N/A N/A $20,700 N/A 0 300 297 120 117 96 $12,000 N/A $12,000 N/A 0 360 354 120 114 97 N/A N/A $28,224 N/A 0 300 295 120 115 98 $3,112 $12,000 $3,112 $13,727 0 240 240 240 240 99 $40,250 N/A $40,500 N/A 0 360 355 120 115 100 $4,479 N/A $4,479 $34,916 0 360 332 120 92 101 $3,733 $20,000 $3,733 $24,903 0 360 359 120 119 102 $4,000 N/A $4,000 N/A 0 360 356 120 116 103 $25,000 N/A $25,000 N/A 0 300 297 120 117 104 $25,500 N/A $25,500 N/A 0 360 356 120 116 105 $7,752 N/A $7,750 N/A 0 360 357 120 117 106 $3,804 $15,000 $3,804 $14,846 0 300 298 120 118 107 N/A N/A $6,992 $20,974 0 360 355 120 115 108 $20,000 N/A $20,000 N/A 0 360 355 120 115 109 N/A $36,000 $9,581 $55,264 0 360 356 120 116 110 $30,000 N/A $25,000 N/A 0 360 357 120 117 111 $24,000 N/A $24,288 N/A 0 360 354 120 114 112 $2,977 $15,000 $2,977 $17,564 0 360 355 120 115 113 N/A N/A $11,250 $45,000 0 300 295 120 115 114 $2,700 N/A $2,700 N/A 0 360 356 120 116 115 $8,288 N/A $8,288 N/A 0 300 294 120 114 116 $6,720 N/A $6,720 N/A 0 300 294 120 114 117 $17,875 N/A $13,750 N/A 0 300 300 120 120 118 $9,300 N/A $9,300 N/A 0 240 234 120 114 119 $8,400 N/A $8,400 N/A 0 240 235 120 115 120 $9,000 N/A $9,000 N/A 0 360 358 180 178 121 $13,000 N/A $13,000 N/A 0 360 355 120 115 122 N/A $16,752 $5,734 $19,079 0 360 352 120 112 123 N/A N/A $16,500 N/A 0 240 232 120 112 124 N/A N/A $4,770 $19,000 0 300 297 120 117 125 N/A N/A $11,800 N/A 0 360 355 120 115 126 N/A N/A $10,000 N/A 0 240 236 120 116 127 N/A N/A $6,150 N/A 0 360 354 120 114 128 N/A N/A $2,133 $5,687 0 300 297 120 117 129 N/A $17,053 $1,549 $11,789 0 360 355 120 115 130 $2,400 N/A $2,400 N/A 0 300 295 120 115 131 $10,724 N/A $10,724 N/A 0 360 353 120 113 132 $14,000 N/A $14,000 N/A 0 360 355 180 175 133 N/A $10,345 $2,980 $17,096 0 360 352 120 112 134 N/A N/A $4,100 N/A 0 360 355 120 115 135 N/A $10,909 $1,261 $8,405 0 240 236 120 116 136 N/A N/A $4,216 N/A 0 240 235 120 115 137 N/A $9,000 $2,583 $13,962 0 180 173 180 173 138 $8,000 N/A $8,000 N/A 0 360 358 120 118 139 $9,240 N/A $9,240 N/A 0 240 234 120 114 140 $8,500 N/A $8,500 N/A 0 360 354 120 114 141 N/A N/A $5,756 N/A 0 300 292 120 112 142 N/A $15,000 $2,010 $13,400 0 300 292 120 112 143 N/A N/A $5,174 $13,546 0 300 292 120 112 144 $16,500 N/A $16,500 N/A 0 360 353 120 113 145 $6,776 N/A $6,776 $3,600 0 300 295 120 115 146 N/A N/A $2,160 $12,240 0 300 295 120 115 147 $8,514 N/A $8,514 N/A 0 360 354 120 114 148 $11,500 N/A $11,500 N/A 0 360 357 120 117 149 $6,336 N/A $6,336 N/A 0 360 351 120 111 150 N/A N/A $1,100 $21,572 0 240 233 120 113 151 $5,750 N/A $5,750 N/A 0 300 293 120 113 152 $4,000 N/A $4,000 N/A 0 300 295 120 115 153 N/A N/A $3,100 N/A 0 360 354 120 114 154 N/A N/A $1,266 $7,140 0 300 292 120 112 155 $7,416 N/A $7,416 N/A 0 360 355 120 115 156 $4,500 N/A $4,500 N/A 0 360 351 120 111 4A 4AA 4B 4C 4D 4E 4F 4G 4H 4I 4J 4K 4L 4M 4N 4O 4P 4Q 4R 4S 4T 4U 4V 4W 4X 4Y 4Z INTEREST INTEREST CALCULATION MONTHLY # RATE (30/360 / ACTUAL/360) PAYMENT (7) -------------------------------------------------------------------- 1 7.2500% Actual/360 $446,825 2 7.2500% Actual/360 $361,553 3 7.1200% Actual/360 $336,691 4 7.1900% ACTUAL/360 $345,094 5 7.3600% Actual/360 $125,793 6 7.3600% Actual/360 $85,517 7 7.3600% Actual/360 $29,793 8 7.5000% Actual/360 $240,704 9 7.8100% Actual/360 $239,171 10 7.4000% Actual/360 $195,597 11 7.1250% Actual/360 $158,324 12 7.3500% Actual/360 $148,129 13 7.0200% Actual/360 $139,996 14 6.8500% Actual/360 $132,624 15 7.4800% Actual/360 $137,922 16 7.4900% Actual/360 $134,816 17 7.2500% Actual/360 $121,086 18 6.8500% Actual/360 $115,850 19 6.9800% Actual/360 $116,193 20 7.0400% Actual/360 $86,839 21 7.5000% Actual/360 $89,010 22 7.0200% Actual/360 $79,998 23 7.1300% Actual/360 $78,191 24 7.0400% Actual/360 $73,479 25 7.2000% Actual/360 $73,309 26 6.9700% Actual/360 $68,982 27 7.4100% Actual/360 $67,227 28 7.0000% Actual/360 $57,023 29 7.2900% Actual/360 $58,216 30 7.3300% Actual/360 $57,072 31 7.2500% Actual/360 $60,174 32 7.3400% Actual/360 $56,440 33 7.2700% Actual/360 $54,683 34 7.0000% Actual/360 $51,894 35 7.4000% Actual/360 $53,389 36 7.3700% Actual/360 $52,465 37 6.8100% Actual/360 $48,944 38 7.2500% Actual/360 $49,117 39 7.1300% Actual/360 $51,201 40 7.1500% Actual/360 $46,941 41 6.9000% Actual/360 $48,153 42 7.2500% Actual/360 $46,621 43 7.0000% Actual/360 $42,579 44 7.0000% Actual/360 $40,983 45 7.1000% Actual/360 $40,483 46 7.0200% Actual/360 $37,332 47 7.0000% Actual/360 $35,261 48 7.0000% Actual/360 $33,930 49 7.0800% Actual/360 $35,595 50 7.3300% Actual/360 $35,488 51 7.0000% Actual/360 $32,267 52 7.2200% Actual/360 $31,967 53 7.1000% Actual/360 $31,216 54 7.1400% Actual/360 $31,038 55 7.0000% Actual/360 $29,912 56 7.4600% Actual/360 $31,341 57 7.0000% Actual/360 $31,805 58 7.4900% Actual/360 $30,735 59 7.2500% Actual/360 $28,992 60 7.2500% Actual/360 $28,788 61 8.2500% Actual/360 $31,253 62 6.9900% Actual/360 $25,921 63 6.9000% Actual/360 $27,316 64 7.4000% Actual/360 $26,331 65 7.3500% Actual/360 $25,836 66 6.7000% Actual/360 $24,198 67 7.7200% Actual/360 $26,431 68 7.5500% Actual/360 $24,592 69 7.2500% Actual/360 $23,194 70 7.0000% Actual/360 $22,617 71 7.2500% Actual/360 $21,720 72 7.5500% Actual/360 $21,922 73 7.2500% Actual/360 $20,834 74 7.2400% Actual/360 $20,786 75 7.2500% Actual/360 $20,677 76 7.6500% Actual/360 $21,463 77 7.2500% Actual/360 $20,414 78 7.2500% Actual/360 $21,323 79 7.2500% Actual/360 $20,117 80 7.3700% Actual/360 $19,847 81 7.2100% Actual/360 $19,365 82 7.6900% Actual/360 $19,944 83 7.2500% Actual/360 $19,805 84 7.1500% Actual/360 $18,405 85 7.5000% Actual/360 $18,180 86 7.5800% Actual/360 $19,349 87 7.6000% Actual/360 $18,076 88 7.2500% Actual/360 $17,306 89 7.6600% Actual/360 $17,862 90 7.3000% Actual/360 $18,151 91 6.9500% Actual/360 $16,105 92 7.2400% Actual/360 $17,007 93 7.1000% Actual/360 $18,126 94 7.5400% Actual/360 $16,760 95 7.4500% Actual/360 $16,186 96 7.0100% Actual/360 $14,452 97 7.4300% Actual/360 $15,717 98 7.2500% Actual/360 $16,598 99 7.0500% Actual/360 $14,042 100 8.6900% Actual/360 $15,883 101 7.4300% Actual/360 $13,889 102 7.0000% Actual/360 $13,306 103 7.0000% Actual/360 $14,136 104 7.2500% Actual/360 $13,132 105 7.0200% Actual/360 $12,666 106 7.3900% Actual/360 $13,905 107 7.5000% Actual/360 $13,285 108 7.5000% Actual/360 $12,411 109 7.3000% Actual/360 $11,826 110 7.4500% Actual/360 $11,829 111 7.2500% Actual/360 $11,119 112 7.5700% Actual/360 $11,405 113 7.5000% Actual/360 $11,824 114 7.1500% Actual/360 $9,996 115 7.2500% Actual/360 $5,927 116 7.2500% Actual/360 $4,626 117 7.1600% Actual/360 $9,465 118 7.4000% Actual/360 $10,665 119 7.2500% Actual/360 $10,117 120 7.5400% Actual/360 $8,887 121 7.6000% Actual/360 $8,473 122 8.0400% Actual/360 $8,839 123 7.4800% Actual/360 $9,733 124 8.1000% Actual/360 $8,952 125 7.0000% Actual/360 $7,584 126 7.2500% Actual/360 $8,963 127 7.0300% Actual/360 $7,507 128 7.0000% Actual/360 $7,421 129 8.3400% Actual/360 $7,879 130 7.2500% Actual/360 $7,517 131 7.8000% Actual/360 $7,371 132 7.3100% Actual/360 $6,938 133 8.1100% Actual/360 $7,470 134 7.3900% Actual/360 $6,917 135 7.7500% Actual/360 $8,209 136 7.2500% Actual/360 $7,904 137 8.3200% Actual/360 $9,742 138 7.0000% Actual/360 $6,493 139 7.4500% Actual/360 $7,127 140 7.6400% Actual/360 $6,202 141 8.2300% Actual/360 $6,887 142 8.7600% Actual/360 $6,994 143 8.3900% Actual/360 $6,782 144 7.8400% Actual/360 $5,781 145 7.3000% Actual/360 $5,808 146 8.0000% Actual/360 $5,789 147 7.6400% Actual/360 $5,068 148 7.5300% Actual/360 $4,909 149 8.1000% Actual/360 $4,974 150 8.3400% Actual/360 $5,790 151 7.9700% Actual/360 $4,496 152 7.4500% Actual/360 $4,120 153 7.0600% Actual/360 $3,681 154 8.8200% Actual/360 $4,548 155 7.2500% Actual/360 $3,411 156 8.1100% Actual/360 $3,707 4A 4AA 4B 4C 4D 4E 4F 4G 4H 4I 4J 4K 4L 4M 4N 4O 4P 4Q 4R 4S 4T 4U 4V 4W 4X 4Y 4Z ------------ --------------- 7.2583% $6,909,271 ============ =============== ORIGINAL ORIGINAL ORIGINAL YIELD PREPAYMENT FIRST LOCKOUT MAINTENANCE PREMIUM PAYMENT MATURITY PREPAYMENT PROVISION PERIOD PERIOD PERIOD # DATE DATE ARD (8) SEASONING AS OF ORIGINATION (9) (MONTHS) (MONTHS) (MONTHS) ---------------------------------------------------------------------------------------------------------------------------------- 1 12/11/2001 11/11/2031 11/11/11 4 Lock/116_0%/4 116 0 0 2 11/11/2001 10/11/2031 10/11/11 5 Lock/113_0%/7 113 0 0 3 04/01/2002 03/01/2012 N/A 0 Lock/117_0%/3 117 0 0 4 04/01/2002 03/01/2012 N/A 0 LOCK/116_0%/4 116 0 0 5 10/01/2001 09/01/2011 N/A 6 Lock/117_0%/3 117 0 0 6 10/01/2001 09/01/2011 N/A 6 Lock/117_0%/3 117 0 0 7 10/01/2001 09/01/2011 N/A 6 Lock/117_0%/3 117 0 0 8 01/11/2002 12/11/2011 N/A 3 Lock/117_0%/3 117 0 0 9 11/01/1997 10/01/2012 N/A 53 Lock/173_0%/7 173 0 0 10 02/11/2002 01/11/2032 1/11/12 2 Lock/116_0%/4 116 0 0 11 12/11/2001 11/11/2011 N/A 4 Lock/114_0%/6 114 0 0 12 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 13 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 14 12/01/2001 11/01/2011 N/A 4 Lock/116_0%/4 116 0 0 15 02/01/2002 01/01/2027 1/1/12 2 Lock/116_0%/4 116 0 0 16 03/01/2002 02/01/2012 N/A 1 Lock/116_0%/4 116 0 0 17 03/01/2002 02/01/2012 N/A 1 Lock/116_0%/4 116 0 0 18 01/01/2002 12/01/2011 N/A 3 Lock/116_0%/4 116 0 0 19 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 20 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 21 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 22 11/01/2001 10/01/2011 N/A 5 Lock/35_YM1/81_0%/4 35 81 0 23 01/11/2002 12/11/2011 N/A 3 Lock/117_0%/3 117 0 0 24 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 25 02/01/2002 01/01/2012 N/A 2 Lock/117_0%/3 117 0 0 26 01/01/2002 12/01/2011 N/A 3 Lock/35_YM1/81_0%/4 35 81 0 27 04/01/2002 03/01/2012 N/A 0 Lock/116_0%/4 116 0 0 28 12/01/2001 11/01/2011 N/A 4 Lock/116_0%/4 116 0 0 29 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 30 04/01/2002 03/01/2032 3/1/12 0 Lock/117_0%/3 117 0 0 31 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 32 02/01/2002 01/01/2012 N/A 2 Lock/117_0%/3 117 0 0 33 02/01/2002 01/01/2012 N/A 2 Lock/117_0%/3 117 0 0 34 12/01/2001 11/01/2011 N/A 4 Lock/116_0%/4 116 0 0 35 02/01/2002 01/01/2012 N/A 2 Lock/116_0%/4 116 0 0 36 12/11/2001 11/11/2006 N/A 4 Lock/57_0%/3 57 0 0 37 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 38 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 39 04/01/2002 03/01/2012 N/A 0 Lock/116_0%/4 116 0 0 40 01/01/2002 12/01/2011 N/A 3 Lock/116_0%/4 116 0 0 41 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 42 12/01/2001 11/01/2011 N/A 4 Lock/117_0%/3 117 0 0 43 11/01/2001 10/01/2011 N/A 5 Lock/116_0%/4 116 0 0 44 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 45 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 46 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 47 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 48 03/01/2002 02/01/2017 N/A 1 Lock/176_0%/4 176 0 0 49 03/01/2002 02/01/2012 N/A 1 Lock/117_0%/3 117 0 0 50 03/01/2002 02/01/2012 N/A 1 Lock/117_0%/3 117 0 0 51 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 52 02/01/2002 01/01/2012 N/A 2 Lock/117_0%/3 117 0 0 53 01/01/2002 12/01/2011 N/A 3 Lock/116_0%/4 116 0 0 54 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 55 01/01/2002 12/01/2016 N/A 3 Lock/176_0%/4 176 0 0 56 09/11/2001 08/11/2011 N/A 7 Lock/117_0%/3 117 0 0 57 11/01/2001 10/01/2011 N/A 5 Lock/116_0%/4 116 0 0 58 04/01/2002 03/01/2032 3/1/14 0 Lock/140_0%/4 140 0 0 59 02/01/2002 01/01/2012 N/A 2 Lock/59_YM1/57_0%/4 59 57 0 60 10/11/2001 09/11/2011 N/A 6 Lock/117_0%/3 117 0 0 61 07/11/2001 06/11/2011 N/A 9 Lock/117_0%/3 117 0 0 62 10/01/2001 09/01/2011 N/A 6 Lock/59_YM1/57_0%/4 59 57 0 63 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 64 3/1/2002 2/1/2012 N/A 1 Lock/116_0%/4 116 0 0 65 02/01/2002 01/01/2012 N/A 2 Lock/116_0%/4 116 0 0 66 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 67 09/11/2001 08/11/2011 N/A 7 Lock/117_0%/3 117 0 0 68 09/11/2001 08/11/2031 8/11/11 7 Lock/118_0%/2 118 0 0 69 01/11/2002 12/11/2011 N/A 3 Lock/117_0%/3 117 0 0 70 01/01/2002 12/01/2011 N/A 3 Lock/116_0%/4 116 0 0 71 3/1/2002 2/1/2012 N/A 1 Lock/116_0%/4 116 0 0 72 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 73 12/01/2001 11/01/2031 11/1/11 4 Lock/116_0%/4 116 0 0 74 08/11/2001 07/11/2011 N/A 8 Lock/117_0%/3 117 0 0 75 11/01/2001 10/01/2031 10/1/11 5 Lock/116_0%/4 116 0 0 76 08/11/2001 07/11/2011 N/A 8 Lock/117_0%/3 117 0 0 77 12/01/2001 11/01/2031 11/1/11 4 Lock/116_0%/4 116 0 0 78 01/01/2002 12/01/2026 12/1/11 3 YM3/116_0%/4 0 116 0 79 11/01/2001 10/01/2031 10/1/11 5 Lock/116_0%/4 116 0 0 80 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 81 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 82 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 83 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 84 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 85 12/11/2001 11/11/2011 N/A 4 Lock/114_0%/6 114 0 0 86 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 87 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 88 12/01/2001 11/01/2031 11/1/11 4 Lock/116_0%/4 116 0 0 89 02/01/2002 01/01/2012 N/A 2 Lock/116_0%/4 116 0 0 90 03/01/2002 02/01/2012 N/A 1 Lock/117_0%/3 117 0 0 91 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 92 02/01/2002 01/01/2027 1/1/12 2 Lock/116_0%/4 116 0 0 93 01/11/2002 12/11/2011 N/A 3 Lock/117_0%/3 117 0 0 94 03/01/2002 02/01/2027 2/1/12 1 Lock/116_0%/4 116 0 0 95 01/01/2002 12/01/2011 N/A 3 Lock/117_0%/3 117 0 0 96 10/01/2001 09/01/2011 N/A 6 Lock/117_0%/3 117 0 0 97 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 98 4/1/2002 3/1/2022 N/A 0 Lock/237_0%/3 237 0 0 99 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 100 12/01/1999 11/01/2009 N/A 28 Lock/114_0%/6 114 0 0 101 3/1/2002 2/1/2012 N/A 1 Lock/116_0%/4 116 0 0 102 12/01/2001 11/01/2011 N/A 4 Lock/117_0%/3 117 0 0 103 01/01/2002 12/01/2011 N/A 3 Lock/116_0%/4 116 0 0 104 12/11/2001 11/11/2011 N/A 4 Lock/114_0%/6 114 0 0 105 01/11/2002 12/11/2011 N/A 3 Lock/117_0%/3 117 0 0 106 02/01/2002 01/01/2012 N/A 2 Lock/116_0%/4 116 0 0 107 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 108 11/01/2001 10/01/2011 N/A 5 Lock/35_YM1/81_0%/4 35 81 0 109 12/11/2001 11/11/2011 N/A 4 Lock/117_0%/3 117 0 0 110 01/11/2002 12/11/2011 N/A 3 Lock/114_0%/6 114 0 0 111 10/11/2001 09/11/2011 N/A 6 Lock/117_0%/3 117 0 0 112 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 113 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 114 12/11/2001 11/11/2011 N/A 4 Lock/114_0%/6 114 0 0 115 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 116 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 117 4/1/2002 3/1/2012 N/A 0 Lock/116_0%/4 116 0 0 118 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 119 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 120 02/01/2002 01/01/2017 N/A 2 Lock/176_0%/4 176 0 0 121 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 122 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 123 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 124 01/11/2002 12/11/2011 N/A 3 Lock/114_0%/6 114 0 0 125 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 126 12/11/2001 11/11/2011 N/A 4 Lock/114_0%/6 114 0 0 127 10/11/2001 09/11/2011 N/A 6 Lock/117_0%/3 117 0 0 128 01/11/2002 12/11/2011 N/A 3 Lock/114_0%/6 114 0 0 129 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 130 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 131 09/11/2001 08/11/2011 N/A 7 Lock/114_0%/6 114 0 0 132 11/01/2001 10/01/2016 N/A 5 Lock/176_0%/4 176 0 0 133 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 134 11/11/2001 10/11/2011 N/A 5 Lock/117_0%/3 117 0 0 135 12/11/2001 11/11/2011 N/A 4 Lock/114_0%/6 114 0 0 136 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 137 09/11/2001 08/11/2016 N/A 7 Lock/174_0%/6 174 0 0 138 02/01/2002 01/01/2012 N/A 2 Lock/116_0%/4 116 0 0 139 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 140 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 141 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 142 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 143 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 144 09/11/2001 08/11/2011 N/A 7 Lock/114_0%/6 114 0 0 145 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 146 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 147 10/11/2001 09/11/2011 N/A 6 Lock/114_0%/6 114 0 0 148 01/11/2002 12/11/2011 N/A 3 Lock/114_0%/6 114 0 0 149 07/11/2001 06/11/2011 N/A 9 Lock/114_0%/6 114 0 0 150 09/11/2001 08/11/2011 N/A 7 Lock/114_0%/6 114 0 0 151 09/11/2001 08/11/2011 N/A 7 Lock/114_0%/6 114 0 0 152 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 153 10/11/2001 09/11/2011 N/A 6 Lock/117_0%/3 117 0 0 154 08/11/2001 07/11/2011 N/A 8 Lock/114_0%/6 114 0 0 155 11/11/2001 10/11/2011 N/A 5 Lock/114_0%/6 114 0 0 156 07/11/2001 06/11/2011 N/A 9 Lock/114_0%/6 114 0 0 4A 4AA 4B 4C 4D 4E 4F 4G 4H 4I 4J 4K 4L 4M 4N 4O 4P 4Q 4R 4S 4T 4U 4V 4W 4X 4Y 4Z ORIGINAL YIELD SERVICING OPEN LOCKOUT MAINTENANCE YIELD AND UTILITIES PERIOD EXPIRATION EXPIRATION MAINTENANCE TRUSTEE MULTIFAMILY TENANT # (MONTHS) DEFEASANCE (10) DATE DATE SPREAD FEES PAYS --------------------------------------------------------------------------------------------------------------------------------- 1 4 Yes 08/11/2011 N/A N/A 0.0523% N/A 2 7 Yes 04/11/2011 N/A N/A 0.0523% N/A 3 3 Yes 01/01/2012 N/A N/A 0.0523% N/A 4 4 YES 12/01/2011 N/A N/A 0.0823% 5 3 Yes 07/01/2011 N/A N/A 0.0523% N/A 6 3 Yes 07/01/2011 N/A N/A 0.0523% N/A 7 3 Yes 07/01/2011 N/A N/A 0.0523% N/A 8 3 Yes 10/11/2011 N/A N/A 0.0523% N/A 9 7 Yes 04/01/2012 N/A N/A 0.0523% N/A 10 4 Yes 10/11/2011 N/A N/A 0.0523% N/A 11 6 Yes 06/11/2011 N/A N/A 0.0523% N/A 12 3 Yes 08/11/2011 N/A N/A 0.0523% N/A 13 3 Yes 09/11/2011 N/A N/A 0.0523% N/A 14 4 Yes 08/01/2011 N/A N/A 0.1023% Electric/Water/Sewer 15 4 Yes 10/01/2011 N/A N/A 0.0523% N/A 16 4 Yes 11/01/2011 N/A N/A 0.1323% N/A 17 4 Yes 11/01/2011 N/A N/A 0.0823% N/A 18 4 Yes 09/01/2011 N/A N/A 0.1023% Electric/Water 19 3 Yes 09/11/2011 N/A N/A 0.0523% Electric 20 3 Yes 08/11/2011 N/A N/A 0.0523% Electric 21 3 Yes 08/11/2011 N/A N/A 0.0523% N/A 22 4 No 10/01/2004 07/01/2011 T-Flat 0.1023% Electric 23 3 Yes 10/11/2011 N/A N/A 0.0523% N/A 24 3 Yes 08/11/2011 N/A N/A 0.0523% Electric 25 3 Yes 11/01/2011 N/A N/A 0.0523% N/A 26 4 No 12/01/2004 09/01/2011 T-Flat 0.0823% Electric/Water/Sewer 27 4 Yes 12/01/2011 N/A N/A 0.1123% N/A 28 4 Yes 08/01/2011 N/A N/A 0.0823% Gas/Water/Sewer 29 3 Yes 10/01/2011 N/A N/A 0.0523% N/A 30 3 Yes 01/01/2012 N/A N/A 0.0523% N/A 31 3 Yes 10/01/2011 N/A N/A 0.0523% N/A 32 3 Yes 11/01/2011 N/A N/A 0.0523% N/A 33 3 Yes 11/01/2011 N/A N/A 0.0523% None 34 4 Yes 08/01/2011 N/A N/A 0.0823% Electric 35 4 Yes 10/01/2011 N/A N/A 0.1323% N/A 36 3 Yes 09/11/2006 N/A N/A 0.0523% Electric 37 3 Yes 09/11/2011 N/A N/A 0.0523% None 38 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 39 4 Yes 12/01/2011 N/A N/A 0.0823% N/A 40 4 Yes 09/01/2011 N/A N/A 0.1323% N/A 41 3 Yes 09/11/2011 N/A N/A 0.0523% None 42 3 Yes 09/01/2011 N/A N/A 0.0523% N/A 43 4 Yes 07/01/2011 N/A N/A 0.0823% Electric 44 6 Yes 05/11/2011 N/A N/A 0.0523% Electric 45 3 Yes 10/01/2011 N/A N/A 0.0523% N/A 46 3 Yes 09/11/2011 N/A N/A 0.0523% Electric/Water 47 3 Yes 08/11/2011 N/A N/A 0.0523% Electric 48 4 Yes 11/01/2016 N/A N/A 0.0823% Electric/Gas 49 3 Yes 12/01/2011 N/A N/A 0.1023% Electric 50 3 Yes 12/01/2011 N/A N/A 0.0523% None 51 3 Yes 08/11/2011 N/A N/A 0.0523% Electric 52 3 Yes 11/01/2011 N/A N/A 0.0523% N/A 53 4 Yes 09/01/2011 N/A N/A 0.0823% N/A 54 6 Yes 04/11/2011 N/A N/A 0.0523% Electric 55 4 Yes 09/01/2016 N/A N/A 0.1323% Electric/Gas 56 3 Yes 06/11/2011 N/A N/A 0.0723% N/A 57 4 Yes 07/01/2011 N/A N/A 0.1323% None 58 4 Yes 12/01/2013 N/A N/A 0.0523% N/A 59 4 No 01/01/2007 10/01/2011 T-Flat 0.1323% N/A 60 3 Yes 07/11/2011 N/A N/A 0.0523% Electric 61 3 Yes 04/11/2011 N/A N/A 0.0523% N/A 62 4 No 09/01/2006 06/01/2011 T-Flat 0.0823% Electric 63 3 Yes 09/11/2011 N/A N/A 0.0523% Electric 64 4 Yes 11/01/2011 N/A N/A 0.1323% N/A 65 4 Yes 10/01/2011 N/A N/A 0.1323% N/A 66 3 Yes 09/11/2011 N/A N/A 0.0523% None 67 3 Yes 06/11/2011 N/A N/A 0.0523% N/A 68 2 Yes 07/11/2011 N/A N/A 0.0523% Electric 69 3 Yes 10/11/2011 N/A N/A 0.0523% N/A 70 4 Yes 09/01/2011 N/A N/A 0.1323% Electric 71 4 Yes 11/01/2011 N/A N/A 0.0823% N/A 72 6 Yes 04/11/2011 N/A N/A 0.0523% Electric/Gas 73 4 Yes 08/01/2011 N/A N/A 0.0523% N/A 74 3 Yes 05/11/2011 N/A N/A 0.0523% None 75 4 Yes 07/01/2011 N/A N/A 0.0523% N/A 76 3 Yes 05/11/2011 N/A N/A 0.0523% Electric/Gas 77 4 Yes 08/01/2011 N/A N/A 0.0523% N/A 78 4 No N/A 09/01/2011 T-Flat 0.0523% N/A 79 4 Yes 07/01/2011 N/A N/A 0.0523% N/A 80 6 Yes 02/11/2011 N/A N/A 0.0523% Electric/Gas 81 3 Yes 08/11/2011 N/A N/A 0.0523% Electric 82 6 Yes 04/11/2011 N/A N/A 0.0523% Electric 83 3 Yes 10/01/2011 N/A N/A 0.0523% N/A 84 3 Yes 10/01/2011 N/A N/A 0.0523% N/A 85 6 Yes 06/11/2011 N/A N/A 0.0523% Electric 86 6 Yes 04/11/2011 N/A N/A 0.0523% N/A 87 6 Yes 02/11/2011 N/A N/A 0.0523% Electric/Gas 88 4 Yes 08/01/2011 N/A N/A 0.0523% N/A 89 4 Yes 10/01/2011 N/A N/A 0.1323% N/A 90 3 Yes 12/01/2011 N/A N/A 0.1023% N/A 91 3 Yes 10/01/2011 N/A N/A 0.0523% Electric 92 4 Yes 10/01/2011 N/A N/A 0.0523% N/A 93 3 Yes 10/11/2011 N/A N/A 0.0523% None 94 4 Yes 11/01/2011 N/A N/A 0.0523% N/A 95 3 Yes 10/01/2011 N/A N/A 0.0523% Electic/Water/Sewer 96 3 Yes 07/01/2011 N/A N/A 0.0523% Electric 97 6 Yes 05/11/2011 N/A N/A 0.0523% Electric 98 3 Yes 01/01/2022 N/A T-Flat 0.1323% N/A 99 3 Yes 08/11/2011 N/A N/A 0.0523% None 100 6 Yes 06/01/2009 N/A N/A 0.0523% N/A 101 4 Yes 11/01/2011 N/A N/A 0.0823% N/A 102 3 Yes 09/01/2011 N/A N/A 0.0523% Electric/Water/Sewer 103 4 Yes 09/01/2011 N/A N/A 0.0823% Electric 104 6 Yes 06/11/2011 N/A N/A 0.0523% Electric 105 3 Yes 10/11/2011 N/A N/A 0.0523% Electric/Water 106 4 Yes 10/01/2011 N/A N/A 0.1323% N/A 107 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 108 4 No 10/01/2004 07/01/2011 T-Flat 0.1323% Electric/Gas/Water/Sewer 109 3 Yes 09/11/2011 N/A N/A 0.0523% N/A 110 6 Yes 07/11/2011 N/A N/A 0.0523% Electric 111 3 Yes 07/11/2011 N/A N/A 0.0523% Electric 112 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 113 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 114 6 Yes 06/11/2011 N/A N/A 0.0523% N/A 115 6 Yes 04/11/2011 N/A N/A 0.0523% Electric 116 6 Yes 04/11/2011 N/A N/A 0.0523% Electric 117 4 Yes 12/01/2011 N/A T-Flat 0.0823% Electric 118 6 Yes 04/11/2011 N/A N/A 0.0523% N/A 119 6 Yes 05/11/2011 N/A N/A 0.0523% Electric 120 4 Yes 10/01/2016 N/A N/A 0.0823% Electric 121 6 Yes 05/11/2011 N/A N/A 0.0523% Electric 122 6 Yes 02/11/2011 N/A N/A 0.0523% N/A 123 6 Yes 02/11/2011 N/A N/A 0.0523% Electric 124 6 Yes 07/11/2011 N/A N/A 0.0523% N/A 125 3 Yes 08/11/2011 N/A N/A 0.0523% N/A 126 6 Yes 06/11/2011 N/A N/A 0.0523% Electric 127 3 Yes 07/11/2011 N/A N/A 0.0523% N/A 128 6 Yes 07/11/2011 N/A N/A 0.0523% N/A 129 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 130 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 131 6 Yes 03/11/2011 N/A N/A 0.0523% Electric 132 4 Yes 07/01/2016 N/A N/A 0.1323% Electric/Water 133 6 Yes 02/11/2011 N/A N/A 0.0523% N/A 134 3 Yes 08/11/2011 N/A N/A 0.0523% N/A 135 6 Yes 06/11/2011 N/A N/A 0.0523% N/A 136 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 137 6 Yes 03/11/2016 N/A N/A 0.0523% N/A 138 4 Yes 10/01/2011 N/A N/A 0.1323% Electric 139 6 Yes 04/11/2011 N/A N/A 0.0523% N/A 140 6 Yes 04/11/2011 N/A N/A 0.0523% Electric 141 6 Yes 02/11/2011 N/A N/A 0.0523% N/A 142 6 Yes 02/11/2011 N/A N/A 0.0523% N/A 143 6 Yes 02/11/2011 N/A N/A 0.0523% N/A 144 6 Yes 03/11/2011 N/A N/A 0.0523% None 145 6 Yes 05/11/2011 N/A N/A 0.0523% Electric 146 6 Yes 05/11/2011 N/A N/A 0.0523% N/A 147 6 Yes 04/11/2011 N/A N/A 0.0523% Electric/Gas 148 6 Yes 07/11/2011 N/A N/A 0.0523% Electric 149 6 Yes 01/11/2011 N/A N/A 0.0523% Electric 150 6 Yes 03/11/2011 N/A N/A 0.0523% N/A 151 6 Yes 03/11/2011 N/A N/A 0.0523% Electric 152 6 Yes 05/11/2011 N/A N/A 0.0523% Electric/Water 153 3 Yes 07/11/2011 N/A N/A 0.0523% N/A 154 6 Yes 02/11/2011 N/A N/A 0.0523% N/A 155 6 Yes 05/11/2011 N/A N/A 0.0523% Electric 156 6 Yes 01/11/2011 N/A N/A 0.0523% Electric 4A N/A 4AA N/A 4B N/A 4C N/A 4D N/A 4E N/A 4F N/A 4G N/A 4H N/A 4I N/A 4J N/A 4K N/A 4L N/A 4M N/A 4N N/A 4O N/A 4P N/A 4Q N/A 4R N/A 4S N/A 4T N/A 4U N/A 4V N/A 4W N/A 4X N/A 4Y N/A 4Z N/A SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT MULTIFAMILY STUDIO STUDIO STUDIO 1 BR 1 BR 1 BR 2 BR 2 BR 2 BR # ELEVATORS UNITS AVG. RENT MAX. RENT UNITS AVG. RENT MAX. RENT UNITS AVG. RENT MAX. RENT -------------------------------------------------------------------------------------------------------------------------------- 1 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 2 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 3 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4 5 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 6 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 7 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 8 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 9 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 10 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 11 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 12 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 13 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 14 0 N/A N/A N/A 108 $630 $630 212 $769 $785 15 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 16 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 17 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 18 0 N/A N/A N/A 114 $667 $790 212 $869 $1,220 19 0 N/A N/A N/A 200 $524 $590 184 $731 $820 20 0 69 $441 $489 71 $518 $595 270 $597 $700 21 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 22 0 50 $556 $688 118 $735 $891 88 $925 $1,275 23 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 24 0 41 $472 $540 163 $521 $575 93 $628 $695 25 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 26 0 N/A N/A N/A 104 $595 $635 156 $727 $760 27 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 28 0 N/A N/A N/A N/A N/A N/A 71 $782 $1,800 29 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 30 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 31 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 32 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 33 0 N/A N/A N/A 48 526 550 192 615 650 34 0 N/A N/A N/A 144 $563 $665 152 $704 $785 35 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 36 0 22 $586 $619 108 $674 $699 114 $820 $1,400 37 0 16 $419 $430 72 $474 $495 180 $572 $660 38 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 39 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 40 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 41 0 N/A N/A N/A 30 $546 $550 184 $654 $690 42 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 43 0 N/A N/A N/A 29 $477 $667 100 $744 $1,106 44 0 N/A N/A N/A 80 $495 $505 136 $610 $680 45 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 46 0 N/A N/A N/A 144 $426 $559 156 $505 $639 47 0 N/A N/A N/A 156 $437 $445 62 $538 $555 48 0 N/A N/A N/A 24 $410 $499 56 $526 $625 49 0 7 414 440 132 501 725 60 617 709 50 0 N/A N/A N/A 64 549 625 136 619 800 51 0 N/A N/A N/A 140 $488 $625 48 $681 $755 52 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 53 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 54 0 N/A N/A N/A 47 $462 $540 72 $594 $629 55 0 N/A N/A N/A 24 $442 $475 56 $512 $580 56 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 57 0 N/A N/A N/A 70 $607 $616 150 $673 $684 58 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 59 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 60 0 N/A N/A N/A 82 $504 $540 104 $537 $650 61 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 62 0 N/A N/A N/A 61 $431 $519 63 $569 $619 63 0 N/A N/A N/A 48 $420 $425 88 $544 $550 64 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 65 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 66 0 N/A N/A N/A 32 $471 $480 136 $565 $595 67 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 68 0 N/A N/A N/A 24 $486 $615 115 $591 $649 69 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 70 0 N/A N/A N/A 66 $436 $545 58 $535 $555 71 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 72 0 N/A N/A N/A 45 $451 $480 75 $509 $555 73 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 74 0 N/A N/A N/A 64 $456 $490 56 $557 $595 75 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 76 0 N/A N/A N/A 16 $474 $480 80 $566 $595 77 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 78 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 79 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 80 0 N/A N/A N/A 88 $383 $410 88 $483 $510 81 0 N/A N/A N/A N/A N/A N/A 63 $349 $414 82 0 3 $338 $350 15 $388 $410 18 $449 $465 83 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 84 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 85 0 N/A N/A N/A 79 $452 $500 33 $608 $650 86 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 87 0 12 $512 $575 12 $619 $750 33 $715 $825 88 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 89 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 90 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 91 0 N/A N/A N/A 32 680 725 28 791 850 92 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 93 0 N/A N/A N/A N/A N/A N/A 150 $591 $795 94 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 95 2 N/A N/A N/A 48 668 825 21 775 840 96 0 N/A N/A N/A 42 850 1,010 6 936 1,010 97 0 16 $389 $415 64 $485 $515 18 $592 $675 98 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 99 0 N/A N/A N/A 42 $456 $485 113 $551 $690 100 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 101 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 102 0 N/A N/A N/A N/A N/A N/A 16 1,686 2,100 103 0 N/A N/A N/A 100 $422 $445 N/A N/A N/A 104 0 N/A N/A N/A 77 $464 $550 25 $570 $625 105 0 N/A N/A N/A N/A N/A N/A N/A N/A N/A 106 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 107 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 108 0 N/A N/A N/A N/A N/A N/A 44 $613 $650 109 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 110 0 N/A N/A N/A 24 $393 $450 52 $499 $585 111 0 24 $400 $425 49 $470 $500 23 $552 $600 112 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 113 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 114 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 115 1 N/A N/A N/A 28 $472 $495 4 $540 $550 116 1 N/A N/A N/A 16 $473 $495 8 $551 $575 117 0 3 $362 N/A 4 $362 $400 29 $485 $485 118 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 119 0 N/A N/A N/A N/A N/A N/A N/A N/A N/A 120 0 N/A N/A N/A 12 $487 $517 24 $585 $595 121 0 1 $350 $350 51 $472 $750 N/A N/A N/A 122 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 123 0 3 $428 $485 56 $544 $665 7 $678 $775 124 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 125 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 126 0 6 $413 $435 10 $507 $535 24 $593 $630 127 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 128 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 129 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 130 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 131 0 N/A N/A N/A 20 $736 $750 8 $811 $850 132 0 N/A N/A N/A 16 $329 $315 24 $403 $408 133 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 134 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 135 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 136 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 137 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 138 0 N/A N/A N/A 8 $450 $500 16 $550 $550 139 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 140 0 N/A N/A N/A 12 $417 $440 22 $466 $475 141 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 142 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 143 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 144 0 3 $450 $450 49 $465 $575 13 $562 $600 145 0 N/A N/A N/A N/A N/A N/A 15 $639 $725 146 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 147 0 N/A N/A N/A 15 $417 $465 18 $434 $470 148 0 N/A N/A N/A 23 $420 $465 23 $457 $465 149 0 N/A N/A N/A N/A N/A N/A 16 $699 $850 150 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 151 0 1 $395 $395 11 $455 $470 11 $561 $635 152 0 N/A N/A N/A 14 $567 $750 2 $710 $725 153 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 154 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 155 0 N/A N/A N/A N/A N/A N/A 24 $452 $475 156 0 N/A N/A N/A N/A N/A N/A 18 $452 $465 4A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4AA N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4B N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4C N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4D N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4E N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4F N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4G N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4H N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4I N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4J N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4K N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4L N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4M N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4N N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4O N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4P N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4Q N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4R N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4S N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4T N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4U N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4V N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4W N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4X N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4Y N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 4Z N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT SUBJECT 3 BR 3 BR 3 BR 4 BR 4 BR 4 BR # UNITS AVG. RENT MAX. RENT UNITS AVG. RENT MAX. RENT -------------------------------------------------------------------------------- 1 N/A N/A N/A N/A N/A N/A 2 N/A N/A N/A N/A N/A N/A 3 N/A N/A N/A N/A N/A N/A 4 5 N/A N/A N/A N/A N/A N/A 6 N/A N/A N/A N/A N/A N/A 7 N/A N/A N/A N/A N/A N/A 8 N/A N/A N/A N/A N/A N/A 9 N/A N/A N/A N/A N/A N/A 10 N/A N/A N/A N/A N/A N/A 11 N/A N/A N/A N/A N/A N/A 12 N/A N/A N/A N/A N/A N/A 13 N/A N/A N/A N/A N/A N/A 14 56 $950 $950 N/A N/A N/A 15 N/A N/A N/A N/A N/A N/A 16 N/A N/A N/A N/A N/A N/A 17 N/A N/A N/A N/A N/A N/A 18 24 $1,200 $1,285 N/A N/A N/A 19 60 $861 $930 N/A N/A N/A 20 34 $732 $799 N/A N/A N/A 21 N/A N/A N/A N/A N/A N/A 22 N/A N/A N/A N/A N/A N/A 23 N/A N/A N/A N/A N/A N/A 24 33 $749 $775 N/A N/A N/A 25 N/A N/A N/A N/A N/A N/A 26 N/A N/A N/A N/A N/A N/A 27 N/A N/A N/A N/A N/A N/A 28 49 $953 $1,985 4 $1,130 $1,180 29 N/A N/A N/A N/A N/A N/A 30 N/A N/A N/A N/A N/A N/A 31 N/A N/A N/A N/A N/A N/A 32 N/A N/A N/A N/A N/A N/A 33 64 715 775 N/A N/A N/A 34 N/A N/A N/A N/A N/A N/A 35 N/A N/A N/A N/A N/A N/A 36 32 $957 $979 N/A N/A N/A 37 64 $717 $750 N/A N/A N/A 38 N/A N/A N/A N/A N/A N/A 39 N/A N/A N/A N/A N/A N/A 40 N/A N/A N/A N/A N/A N/A 41 62 $784 $800 N/A N/A N/A 42 N/A N/A N/A N/A N/A N/A 43 13 $797 $1,435 N/A N/A N/A 44 N/A N/A N/A N/A N/A N/A 45 N/A N/A N/A N/A N/A N/A 46 N/A N/A N/A N/A N/A N/A 47 10 $657 $670 N/A N/A N/A 48 40 $649 $1,500 8 $787 $825 49 N/A N/A N/A N/A N/A N/A 50 32 775 805 N/A N/A N/A 51 N/A N/A N/A N/A N/A N/A 52 N/A N/A N/A N/A N/A N/A 53 N/A N/A N/A N/A N/A N/A 54 16 $750 $770 N/A N/A N/A 55 40 $609 $680 8 $657 $799 56 N/A N/A N/A N/A N/A N/A 57 16 $785 $798 N/A N/A N/A 58 N/A N/A N/A N/A N/A N/A 59 N/A N/A N/A N/A N/A N/A 60 4 $694 $750 N/A N/A N/A 61 N/A N/A N/A N/A N/A N/A 62 N/A N/A N/A N/A N/A N/A 63 36 $648 $650 N/A N/A N/A 64 N/A N/A N/A N/A N/A N/A 65 N/A N/A N/A N/A N/A N/A 66 32 $662 $675 N/A N/A N/A 67 N/A N/A N/A N/A N/A N/A 68 2 $737 $737 N/A N/A N/A 69 N/A N/A N/A N/A N/A N/A 70 N/A N/A N/A N/A N/A N/A 71 N/A N/A N/A N/A N/A N/A 72 N/A N/A N/A N/A N/A N/A 73 N/A N/A N/A N/A N/A N/A 74 32 $661 $687 N/A N/A N/A 75 N/A N/A N/A N/A N/A N/A 76 16 $664 $690 N/A N/A N/A 77 N/A N/A N/A N/A N/A N/A 78 N/A N/A N/A N/A N/A N/A 79 N/A N/A N/A N/A N/A N/A 80 N/A N/A N/A N/A N/A N/A 81 60 $527 $575 N/A N/A N/A 82 60 $574 $595 N/A N/A N/A 83 N/A N/A N/A N/A N/A N/A 84 N/A N/A N/A N/A N/A N/A 85 N/A N/A N/A N/A N/A N/A 86 N/A N/A N/A N/A N/A N/A 87 6 $695 $765 N/A N/A N/A 88 N/A N/A N/A N/A N/A N/A 89 N/A N/A N/A N/A N/A N/A 90 N/A N/A N/A N/A N/A N/A 91 N/A N/A N/A N/A N/A N/A 92 N/A N/A N/A N/A N/A N/A 93 N/A N/A N/A N/A N/A N/A 94 N/A N/A N/A N/A N/A N/A 95 N/A N/A N/A N/A N/A N/A 96 N/A N/A N/A N/A N/A N/A 97 N/A N/A N/A N/A N/A N/A 98 N/A N/A N/A N/A N/A N/A 99 6 $682 $690 N/A N/A N/A 100 N/A N/A N/A N/A N/A N/A 101 N/A N/A N/A N/A N/A N/A 102 N/A N/A N/A N/A N/A N/A 103 N/A N/A N/A N/A N/A N/A 104 N/A N/A N/A N/A N/A N/A 105 30 $1,053 $1,175 N/A N/A N/A 106 N/A N/A N/A N/A N/A N/A 107 N/A N/A N/A N/A N/A N/A 108 12 $799 $850 N/A N/A N/A 109 N/A N/A N/A N/A N/A N/A 110 24 $589 $685 N/A N/A N/A 111 N/A N/A N/A N/A N/A N/A 112 N/A N/A N/A N/A N/A N/A 113 N/A N/A N/A N/A N/A N/A 114 N/A N/A N/A N/A N/A N/A 115 N/A N/A N/A N/A N/A N/A 116 N/A N/A N/A N/A N/A N/A 117 19 $532 $585 N/A N/A N/A 118 N/A N/A N/A N/A N/A N/A 119 24 $960 $960 N/A N/A N/A 120 N/A N/A N/A N/A N/A N/A 121 N/A N/A N/A N/A N/A N/A 122 N/A N/A N/A N/A N/A N/A 123 N/A N/A N/A N/A N/A N/A 124 N/A N/A N/A N/A N/A N/A 125 N/A N/A N/A N/A N/A N/A 126 N/A N/A N/A N/A N/A N/A 127 N/A N/A N/A N/A N/A N/A 128 N/A N/A N/A N/A N/A N/A 129 N/A N/A N/A N/A N/A N/A 130 N/A N/A N/A N/A N/A N/A 131 N/A N/A N/A N/A N/A N/A 132 16 $452 $463 N/A N/A N/A 133 N/A N/A N/A N/A N/A N/A 134 N/A N/A N/A N/A N/A N/A 135 N/A N/A N/A N/A N/A N/A 136 N/A N/A N/A N/A N/A N/A 137 N/A N/A N/A N/A N/A N/A 138 8 $635 $650 N/A N/A N/A 139 N/A N/A N/A N/A N/A N/A 140 N/A N/A N/A N/A N/A N/A 141 N/A N/A N/A N/A N/A N/A 142 N/A N/A N/A N/A N/A N/A 143 N/A N/A N/A N/A N/A N/A 144 1 $700 $700 N/A N/A N/A 145 10 $882 $1,311 N/A N/A N/A 146 N/A N/A N/A N/A N/A N/A 147 N/A N/A N/A N/A N/A N/A 148 N/A N/A N/A N/A N/A N/A 149 8 $766 $845 N/A N/A N/A 150 N/A N/A N/A N/A N/A N/A 151 N/A N/A N/A N/A N/A N/A 152 N/A N/A N/A N/A N/A N/A 153 N/A N/A N/A N/A N/A N/A 154 N/A N/A N/A N/A N/A N/A 155 N/A N/A N/A N/A N/A N/A 156 N/A N/A N/A N/A N/A N/A 4A N/A N/A N/A N/A N/A N/A 4AA N/A N/A N/A N/A N/A N/A 4B N/A N/A N/A N/A N/A N/A 4C N/A N/A N/A N/A N/A N/A 4D N/A N/A N/A N/A N/A N/A 4E N/A N/A N/A N/A N/A N/A 4F N/A N/A N/A N/A N/A N/A 4G N/A N/A N/A N/A N/A N/A 4H N/A N/A N/A N/A N/A N/A 4I N/A N/A N/A N/A N/A N/A 4J N/A N/A N/A N/A N/A N/A 4K N/A N/A N/A N/A N/A N/A 4L N/A N/A N/A N/A N/A N/A 4M N/A N/A N/A N/A N/A N/A 4N N/A N/A N/A N/A N/A N/A 4O N/A N/A N/A N/A N/A N/A 4P N/A N/A N/A N/A N/A N/A 4Q N/A N/A N/A N/A N/A N/A 4R N/A N/A N/A N/A N/A N/A 4S N/A N/A N/A N/A N/A N/A 4T N/A N/A N/A N/A N/A N/A 4U N/A N/A N/A N/A N/A N/A 4V N/A N/A N/A N/A N/A N/A 4W N/A N/A N/A N/A N/A N/A 4X N/A N/A N/A N/A N/A N/A 4Y N/A N/A N/A N/A N/A N/A 4Z N/A N/A N/A N/A N/A N/A MAJOR MAJOR MAJOR TENANT #1 TENANT #1 TENANT #1 LEASE # NAME SQ. FT. EXPIRATION DATE ------------------------------------------------------------------------------------------------------ 1 Giant Food Store 67,185 2/28/21 2 PRC, Inc. 91,733 4/30/11 3 Whole Foods 38,702 9/30/20 4 5 Best Buy #015600 58,420 1/31/11 6 Dicks Clothing & Sporting Goods 50,000 1/31/14 7 Hobby Lobby #219 52,500 12/31/14 8 Ciena Communications, Inc. 25,595 3/31/08 9 SAIC 113,662 5/31/09 10 Digene Corporation 92,990 12/31/09 11 Albertson's 50,000 4/2/21 12 Organized Living, Inc. 20,464 7/31/15 13 Interbrand Corporaton 55,000 7/31/08 14 N/A N/A N/A 15 Raytheon Company 112,695 1/31/08 16 Solectek, Inc. 22,883 3/31/04 17 Goody's Family Clothing, Inc. 35,000 1/31/11 18 N/A N/A N/A 19 N/A N/A N/A 20 N/A N/A N/A 21 National Association of Securities Dealers 73,097 7/31/06 22 N/A N/A N/A 23 Bi-Lo 57,554 8/1/20 24 N/A N/A N/A 25 Marc Glassman, Inc. 50,779 5/31/21 26 N/A N/A N/A 27 Honeywell International, Inc. 150,000 2/13/12 28 N/A N/A N/A 29 Lattimore Road Surgicenter, Inc. 12,803 12/31/07 30 Franciscan Health System West 13,530 12/31/11 31 Findlay's Tall Timber Distribution Centers, Inc. 557,921 12/31/20 32 SunMart 79,385 5/31/20 33 N/A N/A N/A 34 N/A N/A N/A 35 RBF Consulting 8,137 6/30/06 36 N/A N/A N/A 37 N/A N/A N/A 38 Kroger 66,918 3/31/11 39 Trader Joe's 10,028 1/1/16 40 Hughes Network Systems 51,258 1/31/06 41 N/A N/A N/A 42 Comp USA 34,200 7/1/11 43 N/A N/A N/A 44 N/A N/A N/A 45 N/A N/A N/A 46 N/A N/A N/A 47 N/A N/A N/A 48 N/A N/A N/A 49 N/A N/A N/A 50 N/A N/A N/A 51 N/A N/A N/A 52 Albertson's Store & Fuel Center 59,549 8/7/26 53 SEMCO 16,184 2/28/11 54 N/A N/A N/A 55 N/A N/A N/A 56 Sentry Foods 47,149 4/30/18 57 N/A N/A N/A 58 Best Buy Stores, Inc. 44,276 12/1/22 59 Pep Boys 22,198 10/31/13 60 N/A N/A N/A 61 Coyote Cafe 9,292 7/31/16 62 N/A N/A N/A 63 N/A N/A N/A 64 Acer Communications and Multimedia Corporation 14,326 9/25/05 65 Education To Go, Inc. 10,299 8/31/04 66 N/A N/A N/A 67 N/A N/A N/A 68 N/A N/A N/A 69 Buca De Beppo (Ground Lease) 8,000 2/21/16 70 N/A N/A N/A 71 Gastro Consultants 7,319 6/30/10 72 N/A N/A N/A 73 Walgreen Co. 15,120 4/30/76 74 N/A N/A N/A 75 Walgreen Store #06113 15,120 10/30/60 76 N/A N/A N/A 77 Walgreen Co. #5853 15,120 2/28/21 78 Walgreen's 15,120 8/31/61 79 Walgreen Store #06341 14,490 6/30/61 80 N/A N/A N/A 81 N/A N/A N/A 82 N/A N/A N/A 83 Cancer Care Associates 12,220 4/1/10 84 N/A N/A N/A 85 N/A N/A N/A 86 Innovative Tile 18,327 5/31/04 87 N/A N/A N/A 88 Walgreen's @ Elper 15,120 12/31/60 89 Honda Trading America, Inc. 10,100 3/31/11 90 N/A N/A N/A 91 N/A N/A N/A 92 Best Buy Stores, L.P. 30,157 12/31/16 93 N/A N/A N/A 94 Walgreens 15,120 3/31/60 95 N/A N/A N/A 96 N/A N/A N/A 97 N/A N/A N/A 98 Famous Footwear 10,000 10/31/11 99 N/A N/A N/A 100 The Vet's Pet Clinic 11,661 6/30/06 101 Architects Plus 7,817 3/1/06 102 N/A N/A N/A 103 N/A N/A N/A 104 N/A N/A N/A 105 N/A N/A N/A 106 Dollar Tree 9,861 5/31/06 107 N/A N/A N/A 108 N/A N/A N/A 109 SC Dept of Public Safety (Highway Patrol) 9,195 5/31/05 110 N/A N/A N/A 111 N/A N/A N/A 112 Blockbuster Video 5,200 10/31/05 113 N/A N/A N/A 114 N/A N/A N/A 115 N/A N/A N/A 116 N/A N/A N/A 117 N/A N/A N/A 118 N/A N/A N/A 119 N/A N/A N/A 120 N/A N/A N/A 121 N/A N/A N/A 122 Jeff's Flowers 8,250 10/31/05 123 N/A N/A N/A 124 Salon Atelier 6,472 1/31/04 125 N/A N/A N/A 126 N/A N/A N/A 127 N/A N/A N/A 128 N/A N/A N/A 129 N/A N/A N/A 130 N/A N/A N/A 131 N/A N/A N/A 132 N/A N/A N/A 133 N/A N/A N/A 134 N/A N/A N/A 135 N/A N/A N/A 136 N/A N/A N/A 137 Definitive 5,158 8/31/05 138 N/A N/A N/A 139 N/A N/A N/A 140 N/A N/A N/A 141 N/A N/A N/A 142 N/A N/A N/A 143 Over the Rainbow Learning Center 5,800 2/1/03 144 N/A N/A N/A 145 N/A N/A N/A 146 N/A N/A N/A 147 N/A N/A N/A 148 N/A N/A N/A 149 N/A N/A N/A 150 N/A N/A N/A 151 N/A N/A N/A 152 N/A N/A N/A 153 N/A N/A N/A 154 N/A N/A N/A 155 N/A N/A N/A 156 N/A N/A N/A 4A N/A N/A N/A 4AA N/A N/A N/A 4B N/A N/A N/A 4C N/A N/A N/A 4D N/A N/A N/A 4E N/A N/A N/A 4F N/A N/A N/A 4G N/A N/A N/A 4H N/A N/A N/A 4I N/A N/A N/A 4J N/A N/A N/A 4K N/A N/A N/A 4L N/A N/A N/A 4M N/A N/A N/A 4N N/A N/A N/A 4O N/A N/A N/A 4P N/A N/A N/A 4Q N/A N/A N/A 4R N/A N/A N/A 4S N/A N/A N/A 4T N/A N/A N/A 4U N/A N/A N/A 4V N/A N/A N/A 4W N/A N/A N/A 4X N/A N/A N/A 4Y N/A N/A N/A 4Z N/A N/A N/A MAJOR MAJOR MAJOR TENANT #2 TENANT #2 TENANT #2 LEASE # NAME SQ. FT. EXPIRATION DATE ------------------------------------------------------------------------------------------- 1 Seaman Furniture Company, Inc. 48,341 10/31/2015 2 Lockheed Martin 73,808 4/30/2011 3 Barnes & Noble 27,692 4/30/16 4 5 Linen 'N Things 35,755 1/31/16 6 Best Buy Stores LP 31,668 12/31/27 7 HH Gregg Appliance Inc. 21,008 2/28/14 8 Broadwing Communication Services, Inc. 25,595 12/31/2007 9 BWXT Y-12, L.L.C. 70,331 4/14/2002 10 Pro-Virus 59,838 2/28/2009 11 Sav-On 13,681 4/4/2021 12 Pottery Barn & Pottery Barn Kids 18,213 1/31/2013 13 Earl G. Graves, Ltd. 33,000 2/28/2009 14 N/A N/A N/A 15 N/A N/A N/A 16 N/A N/A N/A 17 The TJX Companies, Inc. (TJ Maxx) 30,000 10/31/10 18 N/A N/A N/A 19 N/A N/A N/A 20 N/A N/A N/A 21 Loiderman Associates 22,050 11/30/2006 22 N/A N/A N/A 23 N/A N/A N/A 24 N/A N/A N/A 25 N/A N/A N/A 26 N/A N/A N/A 27 N/A N/A N/A 28 N/A N/A N/A 29 Rochester Gyn/Ob Associates PC 9,384 12/31/07 30 Franciscan Medical Group 9,623 12/31/11 31 N/A N/A N/A 32 N/A N/A N/A 33 N/A N/A N/A 34 N/A N/A N/A 35 N/A N/A N/A 36 N/A N/A N/A 37 N/A N/A N/A 38 N/A N/A N/A 39 Pier 1 Imports 9,943 10/1/21 40 Cellmark Diagnostics, Inc 16,361 11/30/07 41 N/A N/A N/A 42 Michaels Stores 28,000 2/28/04 43 N/A N/A N/A 44 N/A N/A N/A 45 N/A N/A N/A 46 N/A N/A N/A 47 N/A N/A N/A 48 N/A N/A N/A 49 N/A N/A N/A 50 N/A N/A N/A 51 N/A N/A N/A 52 N/A N/A N/A 53 Grand Sawka 7,159 3/31/06 54 N/A N/A N/A 55 N/A N/A N/A 56 N/A N/A N/A 57 N/A N/A N/A 58 N/A N/A N/A 59 Marie Callenders 9,300 11/30/13 60 N/A N/A N/A 61 N/A N/A N/A 62 N/A N/A N/A 63 N/A N/A N/A 64 Data Systems & Solutions, LLC 13,905 3/31/06 65 Renal Treatment Centers-CA 7,173 9/30/10 66 N/A N/A N/A 67 N/A N/A N/A 68 N/A N/A N/A 69 Joe's Crab Shack (Ground Lease) 8,000 6/26/2021 70 N/A N/A N/A 71 Endoscopy Center 5,495 7/31/10 72 N/A N/A N/A 73 N/A N/A N/A 74 N/A N/A N/A 75 N/A N/A N/A 76 N/A N/A N/A 77 N/A N/A N/A 78 Work Bench 7,177 6/29/11 79 N/A N/A N/A 80 N/A N/A N/A 81 N/A N/A N/A 82 N/A N/A N/A 83 Hillcrest Health Care Systems 9,553 1/31/06 84 N/A N/A N/A 85 N/A N/A N/A 86 Orient Express 9,343 5/31/2004 87 N/A N/A N/A 88 N/A N/A N/A 89 American Honda Motor Co, Inc. 6,196 10/31/06 90 N/A N/A N/A 91 N/A N/A N/A 92 N/A N/A N/A 93 N/A N/A N/A 94 N/A N/A N/A 95 N/A N/A N/A 96 N/A N/A N/A 97 N/A N/A N/A 98 N/A N/A N/A 99 N/A N/A N/A 100 Cafe La Brea 5,737 5/8/2004 101 N/A N/A N/A 102 N/A N/A N/A 103 N/A N/A N/A 104 N/A N/A N/A 105 N/A N/A N/A 106 N/A N/A N/A 107 N/A N/A N/A 108 N/A N/A N/A 109 National Computer 6,629 5/31/2006 110 N/A N/A N/A 111 N/A N/A N/A 112 N/A N/A N/A 113 N/A N/A N/A 114 N/A N/A N/A 115 N/A N/A N/A 116 N/A N/A N/A 117 N/A N/A N/A 118 N/A N/A N/A 119 N/A N/A N/A 120 N/A N/A N/A 121 N/A N/A N/A 122 AES Carrier 6,000 1/2/2006 123 N/A N/A N/A 124 Amedeo's 5,699 11/30/2006 125 N/A N/A N/A 126 N/A N/A N/A 127 N/A N/A N/A 128 N/A N/A N/A 129 N/A N/A N/A 130 N/A N/A N/A 131 N/A N/A N/A 132 N/A N/A N/A 133 N/A N/A N/A 134 N/A N/A N/A 135 N/A N/A N/A 136 N/A N/A N/A 137 N/A N/A N/A 138 N/A N/A N/A 139 N/A N/A N/A 140 N/A N/A N/A 141 N/A N/A N/A 142 N/A N/A N/A 143 N/A N/A N/A 144 N/A N/A N/A 145 N/A N/A N/A 146 N/A N/A N/A 147 N/A N/A N/A 148 N/A N/A N/A 149 N/A N/A N/A 150 N/A N/A N/A 151 N/A N/A N/A 152 N/A N/A N/A 153 N/A N/A N/A 154 N/A N/A N/A 155 N/A N/A N/A 156 N/A N/A N/A 4A N/A N/A N/A 4AA N/A N/A N/A 4B N/A N/A N/A 4C N/A N/A N/A 4D N/A N/A N/A 4E N/A N/A N/A 4F N/A N/A N/A 4G N/A N/A N/A 4H N/A N/A N/A 4I N/A N/A N/A 4J N/A N/A N/A 4K N/A N/A N/A 4L N/A N/A N/A 4M N/A N/A N/A 4N N/A N/A N/A 4O N/A N/A N/A 4P N/A N/A N/A 4Q N/A N/A N/A 4R N/A N/A N/A 4S N/A N/A N/A 4T N/A N/A N/A 4U N/A N/A N/A 4V N/A N/A N/A 4W N/A N/A N/A 4X N/A N/A N/A 4Y N/A N/A N/A 4Z N/A N/A N/A MAJOR MAJOR MAJOR TENANT #3 TENANT #3 TENANT #3 LEASE # NAME SQ. FT. EXPIRATION DATE ---------------------------------------------------------------------------------- 1 Best Buy 45,723 9/30/2015 2 ADI Technology, Inc. 36,905 4/30/2011 3 N/A N/A N/A 4 5 Office Max 23,600 1/31/12 6 Cost Plus 18,957 1/31/14 7 Famous Footwear 9,148 11/30/04 8 N/A N/A N/A 9 UT-Battelle LLC 50,353 5/12/2004 10 N/A N/A N/A 11 N/A N/A N/A 12 The Gap 17,399 3/31/2009 13 Korey Kay & Partners, Inc. 22,000 12/31/2005 14 N/A N/A N/A 15 N/A N/A N/A 16 N/A N/A N/A 17 Barnes & Noble Booksellers, Inc. 21,000 9/12/13 18 N/A N/A N/A 19 N/A N/A N/A 20 N/A N/A N/A 21 N/A N/A N/A 22 N/A N/A N/A 23 N/A N/A N/A 24 N/A N/A N/A 25 N/A N/A N/A 26 N/A N/A N/A 27 N/A N/A N/A 28 N/A N/A N/A 29 The Borg Imaging Group 9,131 6/30/09 30 Pediatrics NW 5,072 12/14/07 31 N/A N/A N/A 32 N/A N/A N/A 33 N/A N/A N/A 34 N/A N/A N/A 35 N/A N/A N/A 36 N/A N/A N/A 37 N/A N/A N/A 38 N/A N/A N/A 39 The Mattress Firm 5,556 1/1/11 40 N/A N/A N/A 41 N/A N/A N/A 42 Natural Pantry 11,600 11/30/08 43 N/A N/A N/A 44 N/A N/A N/A 45 N/A N/A N/A 46 N/A N/A N/A 47 N/A N/A N/A 48 N/A N/A N/A 49 N/A N/A N/A 50 N/A N/A N/A 51 N/A N/A N/A 52 N/A N/A N/A 53 Gateway Travel 6,389 3/31/06 54 N/A N/A N/A 55 N/A N/A N/A 56 N/A N/A N/A 57 N/A N/A N/A 58 N/A N/A N/A 59 Hobby Shack 6,400 11/30/10 60 N/A N/A N/A 61 N/A N/A N/A 62 N/A N/A N/A 63 N/A N/A N/A 64 N/A N/A N/A 65 N/A N/A N/A 66 N/A N/A N/A 67 N/A N/A N/A 68 N/A N/A N/A 69 Red Robin (Ground Lease) 6,900 10/2/2020 70 N/A N/A N/A 71 Pedactric Associates 5,250 4/30/2005 72 N/A N/A N/A 73 N/A N/A N/A 74 N/A N/A N/A 75 N/A N/A N/A 76 N/A N/A N/A 77 N/A N/A N/A 78 N/A N/A N/A 79 N/A N/A N/A 80 N/A N/A N/A 81 N/A N/A N/A 82 N/A N/A N/A 83 N/A N/A N/A 84 N/A N/A N/A 85 N/A N/A N/A 86 N/A N/A N/A 87 N/A N/A N/A 88 N/A N/A N/A 89 N/A N/A N/A 90 N/A N/A N/A 91 N/A N/A N/A 92 N/A N/A N/A 93 N/A N/A N/A 94 N/A N/A N/A 95 N/A N/A N/A 96 N/A N/A N/A 97 N/A N/A N/A 98 N/A N/A N/A 99 N/A N/A N/A 100 N/A N/A N/A 101 N/A N/A N/A 102 N/A N/A N/A 103 N/A N/A N/A 104 N/A N/A N/A 105 N/A N/A N/A 106 N/A N/A N/A 107 N/A N/A N/A 108 N/A N/A N/A 109 N/A N/A N/A 110 N/A N/A N/A 111 N/A N/A N/A 112 N/A N/A N/A 113 N/A N/A N/A 114 N/A N/A N/A 115 N/A N/A N/A 116 N/A N/A N/A 117 N/A N/A N/A 118 N/A N/A N/A 119 N/A N/A N/A 120 N/A N/A N/A 121 N/A N/A N/A 122 N/A N/A N/A 123 N/A N/A N/A 124 N/A N/A N/A 125 N/A N/A N/A 126 N/A N/A N/A 127 N/A N/A N/A 128 N/A N/A N/A 129 N/A N/A N/A 130 N/A N/A N/A 131 N/A N/A N/A 132 N/A N/A N/A 133 N/A N/A N/A 134 N/A N/A N/A 135 N/A N/A N/A 136 N/A N/A N/A 137 N/A N/A N/A 138 N/A N/A N/A 139 N/A N/A N/A 140 N/A N/A N/A 141 N/A N/A N/A 142 N/A N/A N/A 143 N/A N/A N/A 144 N/A N/A N/A 145 N/A N/A N/A 146 N/A N/A N/A 147 N/A N/A N/A 148 N/A N/A N/A 149 N/A N/A N/A 150 N/A N/A N/A 151 N/A N/A N/A 152 N/A N/A N/A 153 N/A N/A N/A 154 N/A N/A N/A 155 N/A N/A N/A 156 N/A N/A N/A 4A N/A N/A N/A 4AA N/A N/A N/A 4B N/A N/A N/A 4C N/A N/A N/A 4D N/A N/A N/A 4E N/A N/A N/A 4F N/A N/A N/A 4G N/A N/A N/A 4H N/A N/A N/A 4I N/A N/A N/A 4J N/A N/A N/A 4K N/A N/A N/A 4L N/A N/A N/A 4M N/A N/A N/A 4N N/A N/A N/A 4O N/A N/A N/A 4P N/A N/A N/A 4Q N/A N/A N/A 4R N/A N/A N/A 4S N/A N/A N/A 4T N/A N/A N/A 4U N/A N/A N/A 4V N/A N/A N/A 4W N/A N/A N/A 4X N/A N/A N/A 4Y N/A N/A N/A 4Z N/A N/A N/A
THE UNDERLYING MORTGAGE LOANS SECURED BY TUTTLE CROSSING, WESTERN HILLS MARKETPLACE, AND MONTGOMERY CROSSING ARE CROSS-COLLATERALIZED AND CROSS-DEFAULTED, RESPECTIVELY. THESE LOANS ARE REFERRED TO COLLECTIVELY AS THE "SSC PORTFOLIO" IN THE PROSPECTUS. THE UNDERLYING MORTGAGE LOANS SECURED BY HAWTHORNE APARTMENTS AND PINECREST APARTMENTS ARE CROSS-COLLATERALIZED AND CROSS-DEFAULTED, RESPECTIVELY. ASSUMES A CUT-OFF DATE OF MARCH 11, 2002. IN THE CASE OF CROSS-COLLATERALIZED AND CROSS-DEFAULTED UNDERLYING MORTGAGE LOANS, THE COMBINED LTV IS PRESENTED FOR EACH AND EVERY RELATED UNDERLYING MORTGAGE LOAN. AT MATURITY WITH RESPECT TO BALLOON LOANS OR AT THE ARD IN THE CASE OF ARD LOANS. THERE CAN BE NO ASSURANCE THAT THE VALUE OF ANY PARTICULAR MORTGAGED PROPERTY WILL NOT HAVE DECLINED FROM THE ORIGINAL APPRAISAL VALUE. WTD. AVG. CALCULATION EXCLUDES FULLY AMORTIZING LOANS. UNDERWRITTEN NCF REFLECTS THE NET CASH FLOW AFTER U/W REPLACEMENT RESERVES, U/W LC'S AND TI'S AND U/W FF&E. U/W DSCR IS BASED ON THE AMOUNT OF THE MONTHLY PAYMENTS PRESENTED. IN THE CASE OF CROSS-COLLATERALIZED AND CROSS-DEFAULTED UNDERLYING MORTGAGE LOANS THE COMBINED U/W DSCR IS PRESENTED FOR EACH AND EVERY RELATED UNDERLYING MORTGAGE LOAN. THE UNDERLYING MORTGAGE LOAN SECURED BY RAYTHEON BUILDING REQUIRES MONTHLY PAYMENTS OF: $137,921.98 FROM 2/1/2002 THROUGH AND INCLUDING 7/1/2003 $146,639.90 FROM 8/1/2003 THROUGH AND INCLUDING 1/1/2006 $170,486.40 FROM 2/1/2006 THROUGH AND INCLUDING 1/1/2008, AND $127,870.83 FROM 2/1/2008 THROUGH THE REMAINDER OF THE TERM. IN THE CASE OF THE ARD LOANS, THE ANTICIPATED REPAYMENT DATE IS ASSUMED TO BE THE MATURITY DATE FOR THE PURPOSES OF THE INDICATED COLUMN. ANTICIPATED REPAYMENT DATE. PREPAYMENT PROVISION AS OF ORIGINATION: LOCK/(X) = LOCKOUT OR DEFEASANCE FOR (X) PAYMENTS YMA/(X) = GREATER OF YIELD MAINTENANCE PREMIUM AND A% PREPAYMENT FOR (X) PAYMENTS A%/(X) = A% PREPAYMENT FOR (X) PAYMENTS 0%/(X) = PREPAYABLE AT PAR FOR (X) PAYMENTS "YES" MEANS THAT DEFEASANCE IS PERMITTED NOTWITHSTANDING THE LOCKOUT PERIOD. FOR PURPOSES OF THIS TABLE, OAK RIDGE OFFICE PORTFOLIO AND CLOPPER ROAD PORTFOLIO ARE PRESENTED AS ONE PROPERTY, RESPECTIVELY. METROPLEX Plymouth Meeting, PA Loan Amount 65,294,018 $137 Loan per foot Appraised value 87,000,000 75.1% LTV Sq. Ft 477,385 Built Various Type Retail Purpose Refinance - The subject property is a recently constructed, 778,190 SF regional power center located in Plymouth Meeting, PA, anchored by Target and Lowe's. The collateral securing the mortgage represents 477,385 square feet. Target and Lowe's owns their own sites. -The property is currently 100% leased by 20 tenants (excluding Target and Lowe's). 52.5% of the NRA is occupied by investment grade tenants. In addition there is a pad site occupied by Cracker Barrel Restauraunt, who pays ground rent to the borrower. There is a Homelife store that is currently dark but paying its rent and cam charges. A $850K reserve was held back to address the Homelife space. -The Borrower purchased the original 88.85-acre site in May 1999 from MP West Agent, Inc. (the "Seller") for approximately $20,351,874 ($229,059 per acre) - Plymouth Meeting is approximately 18 miles northwest of downtown Philadelphia and is part of the Philadelphia Metropolitan Statistical Area (PMSA). The PMSA is the fourth largest metro area in the United States. The 2001 estimated population within a 5-mile radius to the subject is 170,213 with an average household income of $87,077 and median property value of $175,086. -The Philadelphia Retail Market has remained strong, with approximately 5.2 million square feet of space added since 1995. As of August 2001, the total inventory for the market stood at 50.3 million square feet, an increase of 10% from 1995. Vacancy rates have decreased from 8.6% in 1995 to 5% as of second quarter 2001, while average rental rates have increased from $14.55 PSF to $16.56 PSF.
LEASE LEASE ANCHOR TENANTS S&P RATING TENANT SF %NRA START EXPIRATION RENT/SF Lowe's A 163,215 Target A 137,514 Giant Supermarket (Royal A Hold) BBB+ 67,185 14.1% Feb-01 Feb-21 $18.61 Homelife (DARK) 48,341 10.1% Nov-00 Oct-15 $14.00 Best Buy BBB- 45,723 9.6% Sep-00 Sep-15 $18.25 Dick's Sporting Goods 41,593 8.7% Sep-00 Aug-15 $18.39 Bed, Bath & Beyond BBB- 34,880 7.3% Oct-00 Jan-16 $17.68 Ross Dress for Less BBB 30,320 6.4% Nov-00 Jan-11 $17.23 Barnes & Noble BB 26,680 5.6% Jul-00 Jan-16 $18.50 Old Navy BB+ 25,200 5.3% Sep-00 Jan-11 $16.86 Office Depot BBB- 24,680 5.2% Nov-00 Nov-15 $19.10 DSW Shoe Warehouse 23,965 5.0% Mar-01 Mar-16 $24.09 PETSMART B+ 23,293 4.9% Oct-00 Oct-15 $18.11 Guitar Center 14,925 3.1% Apr-01 Apr-11 $21.00 Ulta Salon & Cosmetics 12,320 2.6% Jun-01 May-11 $23.00 David's Bridal 10,625 2.2% May-01 May-11 $21.00 Cracker Barrel (GROUND LEASE) 9,530 2.0% Nov-00 Nov-20 $12.59 Gap / Gap Kids BB+ 9,520 2.0% Mar-01 Mar-11 $19.50 Party City 8,580 1.8% Aug-01 Feb-11 $19.00 Famous Footwear 7,280 1.5% Feb-01 Jan-11 $21.00 Men's Warehouse 7,120 1.5% Jan-01 Feb-11 $23.00 Avenue 5,625 1.2% Mar-01 Jan-14 $21.50 477,385 $18.39 ANCHOR TENANTS Lowe's Target Giant Supermarket (Royal A Hold) Homelife (DARK) 1 23,293 4.90% $18.11 Best Buy 2 14,925 3.10% $21.00 Dick's Sporting Goods 3 12,320 2.60% $23.00 Bed, Bath & Beyond 4 10,625 2.20% $21.00 Ross Dress for Less 5 9,530 2.00% $12.59 Barnes & Noble 6 9,520 2.00% $19.50 Old Navy 7 8,580 1.80% $19.00 Office Depot 8 7,280 1.50% $21.00 DSW Shoe Warehouse 9 7,120 1.50% $23.00 PETSMART 10 5,625 1.20% $21.50 108,818 22.80% $19.74
- The appraiser's average market rent for the subject is $19.35 PSF MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES Lowe's (NYSE - LOW) $35.3BB Lowe's Companies Inc. is a retailer of home improvement products, with a specific emphasis on retail do-it-yourself (DIY) and commercial business customers. As of February 2, 2001, Lowe's operated 650 stores in 40 states. Target (NYSE - TGT) $40.2BB Target Corporation is engaged in general merchandise retailing. The Company's store brands include Target, Marshall Field's and Mervyn's. In early 2000, target.direct, the direct merchandising and electronic retailing organization of Target Corporation, was formed. The business combines the e-commerce team of Target with its direct merchandising unit into one integrated organization. Giant Supermarket (Royal A Hold) (NYSE - AHO) $20.6BB Royal Ahold is an international food provider operating mostly through retail trade outlets. The store format Royal Ahold primarily uses is the supermarket. Royal Ahold's operations are located primarily in the United States and The Netherlands. It also has activities in Scandinavia, Portugal, Spain, the Czech Republic, Poland, several countries in Latin America and several countries in the Asia Pacific region. Best Buy (NYSE - BBY) $15.3BB Best Buy Company, Inc. is a specialty retailer of consumer electronics, home office equipment, entertainment software and appliances. The Company operates retail stores and commercial Websites under the brand names Best Buy (BestBuy.com), Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody (SamGoody.com), Suncoast (Suncoast.com) and Magnolia Hi-Fi (MagnoliaHiFi.com). Best Buy stores account for 68% of the Company's total retail square footage. Dick's Sporting Goods N/A N/A Dick's Sporting Goods is the third largest "big-box" sporting goods retailer in the country. The privately held company operates more than 100 stores in 20 states, primarily located in the Northeast, Midwest, and Mid-Atlantic regions. The company also sells sporting goods on-line through at www.dsports.com.
The borrowing entity is comprised of two groups. The Goldenberg Group, owning a 47.5% L.P. interest including a general partner interest, is a full service real estate development company specializing in the development, leasing, construction, and management of commercial properties. The company has developed and manages over three million square feet of space, with an additional two million square feet in various stages of development. Founded in 1984 and is headed by Kenneth Goldenberg, who has a reported net worth of $51 million. The Pennsylvania Real Estate Investment Trust (PREIT), founded in 1960, is a real estate investment trust, which owns, develops and operates shopping centers and apartment communities principally in the eastern United States. The company owns a diversified portfolio of interests in 45 properties with 9.8 million square feet of retail space and 7,242 apartment units. Goldenberg Management, Inc, an affiliate of the borrower, founded in 1985, currently manages 9 properties with an excess of three million square feet of office/retail space. 300 M STREET WASHINGTON DC Washington, DC Loan Amount 52,801,908 $189 Loan per foot Appraised value 73,700,000 71.6% LTV Sq. Ft 279,381 Built Various Type Office Purpose Refinance - 300 M Street is a 100% occuppied eight-story Class A office building located in the Capital Hill office market of Washington DC, directly across from the Washington Navy Yard. Naval Sea Systems Command (NAVSEA) Headquarters has recentle relocated its operations to the Navy Yard. Upon completion oif the state of the art facilty, there will be approximately one-million square feet of office space. NAVSEA is the Navy's central activity for designing, engineering, integrating, building and procuring U.S. Naval Ships and shipboard weapons and combat systems. - The subject benefits from its proximity to all major US government institutions located in the DC area as well as access to the Metrorail, two blocks west and is within 1 mile of Union Station serving Amtrak and other railroads. -The Capital Hill office submarket contains 6.8 million of competitive office space with approximately 424,256 Sf vacant as of fourth quarter 2000. The vacancy rate in the Capital Hill submarket has declined between 1997 and 1999 due to the District of Columbia relocating city agencies to over 500,000 SF in three buildings along North Capital Street. Overall Class A vacancy within the submarket currently stands at 10.2% excluding one single vacant building results in a vacancy rate of 1.5%. RENT SQUARE % LEASE LEASE PER TENANT S&P RATING FEET OF NRA START EXPIRATION SQ. FT. Litton Industries BBB- 91,733 32.8% May-01 Apr-11 $31.95 Lockheed Martin BBB- 73,808 26.4% May-01 Apr-11 $33.63 ADI Technology 36,905 13.2% May-01 Apr-11 $28.00 Anadac 36,086 12.9% Jul-01 Jun-11 $30.00 EG &G 18,453 6.6% May-01 Apr-11 $29.62 R.M. Vredenburg 10,339 3.7% May-01 Apr-11 $32.00 TWD 7,057 2.5% May-01 Apr-11 $28.00 Sizzling Express 5,000 1.8% May-01 Apr-11 $25.00 Total/Wtd. Avg. 279,381 100.0% $31.24 - The subject's average rent of $31 per foot compares favorably to the appraiser's $34 per foot market.
MARKET TENANT TICKER CAPITALIZATION NOTES Litton Industries (Northrop Grumman) (NYSE - NOC) $9.9BB Littin Industries was acquired by Northrop Grumman in May of 2001. Litton designs, builds and overhauls non-nuclear surface ships and provides defense and commercial electronics technology, components and materials. Lockheed Martin (NYSE - LMT) $24.2BB Lockheed Martin's products and services range from aircraft, spacecraft and launch vehicles, to missiles, electronics, information systems and telecommunications. It is a major supplier for agencies of the US government. ADI Technology N/A N/A ADI Technology's former and current contracts include designing and maintaining the Submarine Safety (SUBSAFE) Manual on behalf of the US Navy. Currently ADI is engaged by NAVSEA to plan, measure and track their compliance with environmental and occupational safety statues specifically for thier shore activities and submarine fleet. Anadac N/A N/A Anadac provides its clients solutions and professional services to help them conquer the challenges of today's dynamic working envirpnment. ANADAC's core services are concentrated in Information Technology, Facilities Services and Management Services.
- The developer is a subsidiary of Potomac Investment Properties, Inc. Under the direction of Bernard Gewirz, Potomac Investment Properties, Inc. has been developing landmark properties that have dramatically impacted the skyline and streetscape of Washington, D.C. for the past 76 years. Office projects include: 1000 Connecticut Avenue. N.W.;195,000 square feet, 1000 Thomas Jefferson Street, N.W. 150,000 square feet, and 1050 Thomas Jefferson Street, N.W. 200,000 square feet. - Cushman & wakefield will manage the subject property. C&W manages 307 million square feet of commercial space. SHOPS AT DEERFIELD SQUARE Deerfield, IL Loan Amount 49,940,198 $194 Loan per foot Appraised value 64,850,000 77.0% LTV Sq. Ft 257,056 Built 2001 Type Retail Purpose Refinance - The subject property consists of 191,119 SF of retail space and 65,957 SF of office space. This includes three pad buildings containing 13,500 SF of retail space and 6,000 SF of office space. The site is improved with 10 buildings, eight of which are primarily retail and two are primarily office. - The property is located in the village of Deerfield, IL, approximately 27 miles northwest of Chicago. The surrounding area enjoys strong demographics, with a median household income within a 5 mile radius of the subject is $127,538, while the average household income is $203,446. MAJOR TENANTS INCLUDE:
SQUARE % OF LEASE LEASE RENT RETAIL TENANTS RATING FEET SQ. FT START EXPIRATION PER SQ. FT. Whole Foods 38,702 15.1% 8/23/00 9/30/20 $14.00 Barnes & Noble BB (S&P) 27,692 10.8% 4/13/01 4/30/16 $16.50 Walgreens A+ (S&P) 18,000 7.0% 6/13/00 6/30/20 $21.00 18 Other Tenants 73,414 28.6% $29.60 157,808 61.4% OFFICE TENANT Highland Park Hospitals (Evanston Northwestern Healthcare) 20,314 7.9% 4/1/00 3/31/15 $16.90 Coldwell Bankers (Cendant Corp.) BBB+ 10,000 3.9% 4/1/00 4/30/10 $28.16 6 Other Tenants 29,419 12.4% $18.14 59,733 24.2%
MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES Whole Foods (NASD - WFMI) $2.4BB Whole Foods Market, Inc. owns and operates a chain of natural food supermarkets in the United States. The Company's stores provides full range of merchandise, featuring products that are free of artificial flavors, sweeteners, colors, preservatives, and added chemicals. Sales for the 3Q 01 increased by 23% over FY 2000, and by 21% over 3Q 00. The company's gross margin increased slightly from 34.5% to 34.7% from FY 2000 to 3Q 7/1/01, and is well above the industry average (Retail - Grocery) of 27.2%. Barnes & Noble (NYSE - BKS) $2.1BB Barnes & Noble, Inc. operates superstores and mall-based bookstores throughout the US. The Company operates book superstores under the names Barnes & NobleBooksellers, Bookstop, and Bookstar. Barnes & Noble also operates bookstores in shopping malls under the names B. Dalton Bookseller, Doubleday Book Shops, and Scribner's Bookstore. Walgreens (NYSE - WAG) $39.8BB Walgreen Company is America's largest drugstore retailer with net sales of $21.2 billion for FYE 8/31/00. The company serves customers in 43 states and Puerto Rico through 3,162 retail drug stores and 3 mail service facilities. Coldwell Bankers (Cendant Corp.) (NYSE - CD) $15.7BB Cendant Corporation provides real estate, travel, direct marketing, and diversified consumer and business services to customers around the world. The Company's franchise brands include Ramada, Howard Johnson, Avis, ColdwellBanker, Century 21, and Jackson Hewitt. YE 2001 sales increased 100% from 2000 from $4.7 billion to 9 billion dollars.
- The property is leased and managed by CRM Properties, which is an affiliate of the Borrower. The management company is located on-site. The company manages all the properties owned by the Borrower, including four office properties, four retail properties, three mixed use office/retail and one self storage facility. - Structural features include a springing lockbox and the following reserves: ESCROW TYPE AMOUNT ---------------------------------------------------------------------- Ongoing Real Estate Tax & Insurance Reserves Ongoing Replacement Reserves Initial Environmental Reserve Initial Engineering Reserve Renovation Reserve ---------------------------------------------------------------------- LOCKE SOVRAN PORTFOLIO Various Loan Amount 48,000,000 $26 Loan per foot Appraised value 73,846,154 65.0% LTV Sq. Ft 1,829,335 Built Various Type Self-Storage Purpose Refinance - The Locke Sovran Portfolio is secured by 27 properties incorporating 15,325 self-storage units located in nine states. The loan per square foot is $26. - $1.8 million dollars (3.75% of the loan balance) was escrowed at closing to address deferred maintenance and capital reserves. - The borrower, Sovran Self Storage, Inc. is a self-administered and self-managed real estate investment trust which has acquired, developed, owned and managed self-storage facilities since 1985. The Company currently owns and operates 250 self-storage facilities containing an aggregate of 12.7 million rentable square feet. The properties are located in 21 states predominantly in the Eastern United States, Texas, and Arizona. - A subsidiary of the borrower will manage the property for a fee of 5%, mangement fee was underwritten at 6%.
Allocated Property City State Loan Amount Year Built Occupancy 1 Uncle Bob's Self Storage Cleveland OH $3,300,000 1979 89.8% 2 Security Self Storage Dracut MA $2,940,000 1988 83.9% 3 Security Self Storage Methuen TX $2,860,000 1984 85.6% 4 Central Self Storage Houston TX $2,775,000 1979 88.4% 5 Mini-Stor Self Storage Sandwich MA $2,540,000 1986 94.2% 6 Uncle Bob's Self Storage Marietta GA $2,520,000 1995 84.6% 7 Central Self Storage Mesquite TX $2,330,000 1984 90.6% 8 Uncle Bob's Self Storage Dallas TX $2,130,000 1975 87.3% 9 Uncle Bob's Self Storage Houston TX $2,030,000 1995 91.9% 10 Central Self Storage Houston TX $2,010,000 1968 83.7% 11 Security Self Storage Columbia SC $1,975,000 1986 56.2% 12 Uncle Bob's Self Storage Harrisburg PA $1,835,000 1985 82.7% 13 Uncle Bob's Self Storage Warren OH $1,675,000 1986 84.8% 14 Central Self Storage Houston TX $1,667,000 1979 87.9% 15 Saco Self Storage Saco ME $1,665,000 1984 93.6% 16 Central Self Storage Mesquite TX $1,510,000 1985 91.8% 17 Uncle Bob's Self Storage Barton Rouge LA $1,333,000 1982 75.1% 18 Central Self Storage Houston TX $1,325,000 1979 83.7% 19 Uncle Bob's Self Storage San Antonio TX $1,260,000 1981 84.5% 20 Central Self Storage Dallas TX $1,200,000 1985 90.1% 21 Central Self Storage San Antonio TX $1,200,000 1982 89.5% 22 Security Self Storage Kingsland GA $1,170,000 1989 60.8% 23 Security Self Storage Myrtle Beach SC $1,040,000 1981 44.5% 24 Central Self Storage Houston TX $985,000 1985 75.4% 25 Dor-Co Storage Syracuse NY $975,000 1987 85.0% 26 Central Self Storage Houston TX $918,000 1984 88.5% 27 Central Self Storage Houston TX $832,000 1983 87.5% TOTAL/WTD AVG $48,000,000 84.3% 1999 2000 2001 YTD U/W Market Property Total SF Occupancy Occupancy Occupancy Occupancy Occupancy 1 Uncle Bob's Self Storage 74,882 83.0% 84.0% 83.0% 82.0% 85.0% 2 Security Self Storage 45,326 73.0% 95.0% 90.0% 80.0% 90.0% 3 Security Self Storage 41,040 82.0% 96.0% 95.0% 86.0% 95.0% 4 Central Self Storage 139,714 80.0% 82.0% 78.0% 80.0% 83.0% 5 Mini-Stor Self Storage 47,601 81.0% 96.0% 94.0% 90.0% 95.0% 6 Uncle Bob's Self Storage 59,450 87.0% 80.0% 90.0% 83.0% 85.0% 7 Central Self Storage 99,675 85.0% 85.0% 84.0% 84.0% 84.0% 8 Uncle Bob's Self Storage 79,046 82.0% 80.0% 82.0% 82.0% 82.0% 9 Uncle Bob's Self Storage 52,860 80.0% 79.0% 78.0% 84.0% 85.0% 10 Central Self Storage 109,639 89.0% 80.0% 81.0% 77.0% 78.0% 11 Security Self Storage 72,976 65.0% 60.0% 58.0% 56.8% 60.0% 12 Uncle Bob's Self Storage 59,450 85.0% 88.0% 85.0% 87.0% 95.0% 13 Uncle Bob's Self Storage 60,200 84.0% 78.0% 81.0% 85.0% 85.0% 14 Central Self Storage 108,495 77.0% 73.0% 88.0% 73.5% 75.0% 15 Saco Self Storage 53,750 88.0% 92.0% 90.0% 90.0% 92.0% 16 Central Self Storage 64,740 85.0% 88.0% 88.0% 88.0% 88.0% 17 Uncle Bob's Self Storage 71,920 75.0% 78.0% 78.0% 75.0% 80.0% 18 Central Self Storage 77,454 84.0% 80.0% 78.0% 78.0% 78.0% 19 Uncle Bob's Self Storage 49,862 80.0% 80.0% 80.0% 79.0% 80.0% 20 Central Self Storage 61,040 85.0% 86.0% 86.0% 85.5% 86.0% 21 Central Self Storage 72,755 85.0% 90.0% 90.0% 74.0% 78.0% 22 Security Self Storage 66,837 65.0% 60.0% 58.0% 55.0% 65.0% 23 Security Self Storage 60,910 50.0% 47.0% 60.0% 55.0% 70.0% 24 Central Self Storage 61,275 88.0% 92.0% 90.0% 64.0% 73.0% 25 Dor-Co Storage 33,000 87.0% 82.0% 87.0% 83.0% 85.0% 26 Central Self Storage 55,939 70.0% 70.0% 85.0% 81.0% 81.0% 27 Central Self Storage 49,500 80.0% 75.0% 75.0% 77.5% 80.0% TOTAL/WTD AVG 1,829,336 82.3% 83.0% 79.7% 83.3%
RESERVES - Structural features include a springing lockbox and the following reserves:
ESCROW TYPE AMOUNT ------------------------------------------------------------------------------------------------- Ongoing Real Estate Tax & Insurance Reserves 1/12 of tax and 1/12 of insurance premiums Ongoing Replacement Reserves $0.15 per square foot Initial Environmental Reserve $15,000 Initial Engineering Reserve $1,390,860 Renovation Reserve $409,140 -------------------------------------------------------------------------------------------------
SSC PORTFOLIO Various, OH WESTERN HILLS MARKETPLACE
SF % of Lease Lease Annual Tenant Name Occupied Rating Total Start Expiration Rent/SF Dick's Sporting Goods 50,000 40.0% 07/01/98 01/01/14 $11.00 Best Buy 31,668 Baa3 25.3% 01/01/02 10/30/16 $15.00 Cost Plus 18,957 15.2% 08/30/98 01/31/14 $13.00 Factory Card Outlet 12,840 10.3% 08/01/98 01/01/09 $12.50 Panera Bread 5,017 4.0% 01/15/02 01/14/12 $21.00 Mattress Venture 4,853 3.9% 07/29/98 07/31/03 $15.55 Maggie Moo's Ice Cream 1,605 1.3% 01/01/02 12/31/06 $18.50 124,940 TUTTLE CROSSING Best Buy 58,420 Baa3 31.5% 11/16/95 11/30/10 $15.05 Linens & Things 35,755 19.3% 03/01/00 01/31/16 $15.93 Office Max 23,600 12.7% 01/01/97 01/31/12 $15.09 Family Toy Warehouse 20,320 10.9% 10/01/96 01/31/07 $10.34 Golf Galaxy 18,875 10.2% 03/01/99 03/18/09 $10.05 Cost Plus 18,748 10.1% 05/01/99 01/31/10 $10.76 Mattress Mart 5,000 2.7% 12/01/01 11/30/06 $5.00 S&K Famous Brands 5,000 2.7% 04/01/99 04/05/04 $5.02 185,718 $13.23 MONTGOMERY CROSSING I & II Hobby Lobby 52,500 58.6% 01/01/00 12/31/14 $15.01 H. H. Gregg Appliance 21,008 23.4% 12/01/93 02/28/14 $20.26 Famous Footwear (Brown Shoe Co.) 9,148 Ba3 10.2% 12/01/99 11/30/04 $5.00 Tuesday Morning 7,000 7.8% 02/15/01 01/15/06 $4.92 89,656 100.0% $14.43
PARK CENTER OFFICE BUILDING Plano, TX Loan Amount 32,896,136 $140 Loan per foot Appraised value 42,000,000 78.3% LTV Sq. Ft 234,951 Built 2001 Type Office Purpose Refinance - Park Center Office Building, which was completed in 2000-01, is a 234,951 SF premier class "A" suburban office building located in far North Dallas in the western portion of Plano, TX. The subject property has excellent access & visibility with frontage on the Dallas North Tollway just north of Park Boulevard. The North Dallas sub-market's vacancy has outperformed the greater Dallas/Ft. Worth office market. The DFW market had an avergae vacancy of 19% as of 3Q 2001 while the North Dallas market had a vacancy of 14.5%. - The Property is leased to a diverse mix of twenty-three regional and national tenants. The property is currently 91.4% leased. The subject is immediately east of a newly constructed one-million square regional mall anchored by Lord & Taylor, Neiman Marcus, Dillards and Foley's. - There has been significant amont of new construction in the North Dallas market in the past two years to facilitate the corporate relocations of many major companies to corporate campuses. One of the premier constructions has been the Legacy Business Park, which is home to Fortune 500 companies like, JC Penney, EDS, and Frito lay.
S&P SQUARE % OF LEASE LEASE RENT TENANT RATING FEET SQ. FT START EXPIRATION PER SQ. FT. Ciena Communications, Inc. B+ 25,595 10.9% Apr-01 Mar-08 $25.00 Broadwing Communications BB- 25,595 10.9% Dec-00 Dec-07 $24.50 Rational Software Corp. 14,585 6.2% Jun-01 May-08 $25.00 Janssen Pharmecuticals, Inc. 14,032 6.0% Jul-01 Jun-06 $24.50 Prudential Securities BBB+ 12,710 5.4% Aug-00 Oct-10 $24.00 BusinessEdge Solutions Inc. 11,476 4.9% Feb-01 Mar-08 $24.50 Dataworkforce L.P. 11,169 4.8% May-01 Apr-06 $24.50 DPR Construction 10,856 4.6% Apr-01 Mar-06 $24.75 Portal Software, Inc. 10,378 4.4% Jan-01 Feb-06 $24.50 Premier 8,645 3.7% Nov-00 Nov-05 $24.75 Caterpillar Inc. A+ 7,990 3.4% May-01 Apr-08 $25.55 Telegate, Inc. 7,247 3.1% Feb-01 Feb-08 $24.00 AMI Semi Conductor 7,040 3.0% Dec-01 Mar-08 $24.25 Level 3 Communications 6,616 2.8% Nov-00 Dec-05 $25.50 Pond, Robinson Associates 6,429 2.7% Jun-01 May-06 $25.00 Techknowledge Consulting Co. 6,266 2.7% Dec-00 Mar-06 $24.00 Sanyo Energy (Texas) 5,494 2.3% Mar-01 Mar-06 $24.75 Home Health Services 5,000 2.1% Feb-02 May-08 $24.50 First American Bank 4,964 2.1% Feb-01 Mar-11 $25.39 Select Travel 4,847 2.1% Mar-01 Feb-06 $24.80 Signature Title Co. 4,479 1.9% Nov-00 Jan-06 $24.50 Learfield Communications 3,419 1.5% Sep-01 Aug-08 $25.00 First American Bank 1 0.0% Aug-01 Sep-11 $16,017.36 214,833 $24.75
- The subject's rents are in line with the appraiser's market estimate of $24.86 per foot. MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES Ciena Communications, Inc. (NASD - CIEN) $2.9BB The company makes multiplexing systems that increase the capacity of long-distance fiber-optic telecommunications networks by transmitting multiple signals simultaneously over the same circuit. This office serves as a sales location. Broadwing Communications (NYSE - BRW) $1.3BB Broadwing was created in 1999 as the result of the merger of IXC Communications and Cincinnati Bell, combining a 127-year old local communications provider with an advanced, nationwide, next-generation fiber optic network. Rational Software Corp. (NASD - RATL) $4.1BB Founded in 1981, Rational Software makes object-based software that lets companies build programs from reusable strings of code, eliminating the need to write line by line. Rational generates almost 40% of its sales from process consulting, training, and related services. This location serves as a training center. Janssen Pharmecuticals, Inc. (Jonson and Johnson) (NYSE - JNJ) $175BB Janssen was originally founded in 1953 and became part of the Johnson and Johnson Company in 1961. With more than 80 drugs to its name, Janssen is one of the most innovative pharmaceutical companies in the world and its products have found major applications in human medicine.
OAK RIDGE OFFICE PORTFOLIO Oak Ridge, TN Loan Amount 29,521,877 $71 Loan per foot Appraised value 38,200,000 77.3% LTV Sq. Ft 413,965 Built 2001 Type Office Purpose Refinance - The Oak Ridge Office Portfolio consist of two cross-collateralized and cross-defaulted office properties located in in Oak Ridge, TN, approximately 20 miles NW of Knoxville, TN. Oak Ridge Corporate Center is a 4-story multi-tenant building and Oak Ridge Tech Center is a Class A office complex containing 5 one-story buildings located near the front gate to Oak Ridge Reservation (ORR). - Oak Ridge Reservation (ORR) was instrumental in developing the world's first atomic bomb in the 1940's through the highly secretive Manhattan Project. The subject property was developed by the current owner in 1991 to provide Class-A space outside "the gate," in a market that lacked sufficient quality space for government contractors connected to the work done at the highly guarded ORR facilities. - Most of the subject property's tenants are contractors for the Department of Energy facilities that are located in the immediate vicinity. The DOE signs short term contracts with these venders, which has translated into short lease terms for the property. While the lease terms are short, they will likely be renewed by each tenant as their contract with the DOE is extended or renewed. The subject represents the only Class A office space in the immediate area surrounding the DOE facilities and accounts for the majority of the leaseble Class A office inventory in Oak Ridge. - Additionally Oak Ridge will benefit from the Spallation Neotron Source at ORR. The $1.4 billion facility began construction in 1999 and is scheduled to be completed in 2006. SNS will provide the most intense pulsed neutron beams in the world for scientific research and industrial development.
S&P SQUARE % OF LEASE LEASE RENT TENANT RATING FEET PORTFOLIO SQ. FT START EXPIRATION PER SQ. FT. BWXT Y-12 65,000 15.7% Jan-92 Apr-02 $16.50 SAIC A- 61,862 14.9% Jun-01 May-09 $10.14 61862 $10.14 UT-Battelle 50,353 12.2% May-94 May-04 $16.75 28,804 IPIX 44,043 10.6% Aug-97 Oct-02 $10.05 SAIC A- 28,804 7.0% Jun-99 May-09 $10.14 ClientLogic Corp (McDermott International) B 24,872 6.0% Oct-99 Oct-04 $10.00 SAIC A- 23,196 5.6% Oct-00 May-09 $10.14 Radian Corp. BB 19,820 4.8% Oct-99 Sep-04 $8.75 ASIC 14,809 3.6% Feb-00 Jan-02 $9.00 All Meds, Inc. 11,900 2.9% May-00 Apr-05 $7.47 Haselwood Enterprise 10,626 2.6% Jan-00 Jan-02 $13.00 Parsons Services 10,228 2.5% Jul-98 Dec-02 $10.95 IPIX 8,771 2.1% May-00 Oct-02 $12.58 CH2M Hill 7,406 1.8% May-00 May-03 $10.25 H&R Technical Assoc. 7,096 1.7% Jun-91 May-02 $8.50 Cowperwood Co/Harvey+Sussi+Giddens 6,365 1.5% Apr-01 MTM $10.94 Barge, Waggoner, Sumner 6,271 1.5% Feb-99 Jan-04 $9.25 BWXT Y-12 5,331 1.3% Jun-01 Jun-02 $12.76 Pro-2-Serve 3,406 0.8% Nov-99 Nov-02 $9.00 Oliver's Restaurant 1,694 0.4% Jul-91 May-02 $6.00 411,853 $11.87
- Rents are about $.75 above market according to the appraiser. MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES SAIC N/A N/A SAIC is a hi-technology research and engineering company based in San Diego, CA, and is the largest employee-owned research and engineering company in the country. SAIC has recently expanded their space in the Corporate Center under a lease that expires in 2009. This expansion has enabled SAIC to consolidate their Oak Ridge staff, due to the proximity of their adjacent 79,000 sf SAIC building. SAIC occupies 72% of the NRA in Oak Ridge Corporate Center. BWXT Y-12 (McDermott International) (NYSE - MDR) $.85BB BWXT, in addition to being the single supplier of nuclear fuel and reactor components to the U.S. Navy, is the sole source of research and test reactor fuel for DOE's National Laboratories, including the High Flux Isotope Reactor (HFIR) in Oak Ridge. The Company is a wholly-owned subsidiary of McDermott International, Inc., (NYSE: MDR) a leading worldwide energy services company. UT-Battelle N/A N/A UT BATTELLE is a not-for-profit company established for the sole purpose of managing and operating the Oak Ridge National Laboratory for the U.S. Department of Energy. IPIX (NASD - IPIX) $15.7MM (iPIX) is the leader in dynamic imaging. The iPIX end-to-end dynamic imaging infrastructure enables the capture, processing, hosting, and distribution of rich media to thousands of Internet sites and millions of Internet enabled wired and wireless devices. ClientLogic Corp (Toronto - OCX) Client Logic offers multi-channel customer service, technical support and order placement services through call centers, while its 36 fulfillment centers handle inventory management, packaging, and shipping. The company is owned by Canadian conglomerate Onex.
- The Cowperwood Company (the borrower), based in Manhattan, was founded in 1977 by John Harvey, the company's CEO. The Company is an office building development, architectural and property management firm that develops and manages office space throughout the country, including the properties in Oak Ridge. Since 1977, the Company has constructed over two million square feet of Class A office buildings. Mr. Harvey has a net worth of $21.7 million dollars. - Cowperwood Management Company, a borrower-related entity, portfolio includes approximately 15 office properties totaling over one million square feet. The properties are located in New Mexico, South Carolina, Tennessee, Texas and the state of Washington. CLOPPER ROAD PORTFOLIO Gaithersburg, MD Loan Amount 28,201,325 $143 Loan per foot Appraised value 45,600,000 61.8% LTV Sq. Ft 197,292 Built Various Type Office - Clopper Road Portfolio consists of three cross-collateralized and cross-defaulted office (10%)/bioscience (90%) totaling approximately 197,000 sf located in Gaithersburg, MD (25 miles north of Washington, D.C.). - The Washington D.C./Maryland bioscience market is one of the largest in the US. The Portfolio is located within the I-270 Corridor submarket, which is located in close proximity to the region's strongest biotech anchors; University of Maryland Medical School, Johns Hopkins University Medical School and Hospital, the National Institute of Health, the Food and Drug Administration and of biotech Novartis AG. PROPERTIES % AVG. LEASE LEASE TENANT SQ. FT. SQ. FT. RENT/SQ. FT START EXPIRATION Digene Corporation 92,990 47.1% $26.68 Jan-00 Dec-09 Pro-Virus, Inc. 59,838 30.3% $12.50 Jan-01 Feb-09 BHC Securities, Inc. 15,504 7.9% $14.87 Nov-99 Nov-04 Immunomatrix, Inc. 12,422 6.3% $10.95 Sep-97 May-03 Advanced Pharma 6,932 3.5% $28.00 Jan-01 Nov-02 Nissei Sangyo America, Ltd 6,500 3.3% $15.24 Oct-98 Aug-05 Alexandria Real Estate 1,606 0.8% $13.75 Jan-98 Nov-03 Advanced Pharma 1,500 0.8% $10.32 Sep-00 Nov-02 197,292 100.0% $19.90 - The I-270 Corridor submarket has limited land for new construction, and demand has substantially exceeded supply over the past few years. The submarket features annual market rents of $28 - $32 psf NNN for biotech space and $18 psf NNN for office space. The Portfolio, which is comprised of approximately 90% biotech space and 10% office space, has below-market weighted-average in-place rents of $20.50 psf NNN for biotech space and $14.14 psf NNN for office space. MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES Digene (CYTC) (NASD - CYTC) $2.3BB Digene Corp., one of the country's largest and most influential developers of of DNA and RNA tests that screen for diseases afflicting women. Digene is headquartered at the 1201 Clopper Rd. property, and its space at the Property contains some of the finest and highest quality biotech improvements in the submarket. Digene was acquired by CYTC Corp. on 2/19/02. Pro-Virus, Inc. (IGEN) (NASD - IGEN) $.9BB Pro-Virus, is a wholly owned subsidiary of IGEN (NASD - IGEN). IGEN is a leader in the development and marketing of technologies to detect and measure biological substances. Pro-Virus is in a phase one clinincal trial of PV 701, a drug used to stop the progression of tumors. The lease was assigned to Pro-Virus from Genetic Therapy, a wholly owned subsidiary of Novartis (S&P - AAA). The borrower has recourse to Genetic Therapy for the lease payments. BHC Securities, Inc. (NASD - FISV) $7.6BB BHC was started in 1983 and is headquartered in Philadelphia, PA. BHC Securities is now known as Fiserv Securities, Inc., a wholly owned subsidiary of Fiserv, Inc. (NASD: FISV), which is a leading national provider of integrated processing and support services to securities brokerage affiliates of banks, independent broker-dealers, insurers, and mutual fund companies.
- Formed in 1994, Alexandria Real Estate Equities Inc.(ARE) is a real estate investment trust (REIT) engaged primarily in the ownership, management, acquisition, conversion and selective development of biotech properties and laboratory space. ARE has a market cap of $670MM. - ARE is the property manager. ARE's portfolio consisted of 77 properties in 9 states with approximately 5 million rentable square feet. BRIDGEPARK SHOPPING CENTER Ladera Ranch, CA Loan Amount 23,424,249 $232 Loan per foot Appraised value 29,600,000 79.1% LTV Sq. Ft 100,918 Built 2001 Type Retail - Bridgepark Shopping Center is a 100,918 square foot anchored retail center located in Ladera Beach, CA., a new master planned community located in South Orange County, CA. - The subject property is the only grocery-drug store retail center in the community. Ladera Beach will encompass 8,100 homes upon completion in 8 years. Currently 2,100 units are in-line. - South Orange County is one of the most affluent areas in Orange county, median household income in the subject's primary trade area is $100,000. - The center was completed in April of 2001 and is 100% occupied. All tenants are in place and paying rent with the exception of Mobil. Mobil is paying rent and intends to take occupancy by 1st quarter 2002. - The center has a strong tenant base with approximately 77% of the NRA leased to credit tenants. The center is anchored by Albertson's which occupies 50% of the NRA. All leases are Triple Net. 20 TENANTS INCLUDING: S&P SQUARE % OF LEASE LEASE RENT TENANT RATING FEET SQ. FT START EXPIRATION PER SQ. FT. Albertson's BBB+ 50,000 49.5% Apr-01 Apr-21 $22.05 Sav-On BBB+ 13,681 13.6% Apr-01 Apr-21 $28.00 Wells Fargo A+ 4,120 4.1% May-01 May-06 $30.00 Lampost Pizza 4,080 4.0% Jun-01 Jun-11 $30.00 Blockbuster Video 4,000 4.0% Feb-01 Feb-11 $31.80 Mobil (ground lease) AAA 3,055 3.0% Jun-01 Jun-16 $51.35 Burger King A+ 3,000 3.0% Jun-01 Jun-21 $42.57 Taco Mesa 2,050 2.0% Jun-01 May-11 $30.00 83,986 83.2% - Average occupancy in the South Orange County sub-market is 95% while market rent for anchor space is at $23 and shop space is $36 which compares favorably to to the subject at $20.55 and $33.70 respectively. MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES Albertson's (NYSE - ABS) $11.5BB Albertson's, Inc. operates a retail food-drug chain in various states across the United States. The Company's stores consist of combination food-drug stores, conventional supermarkets, and warehouse stores. Albertson's retail operations are supported by Company-owned distribution centers. Wells Fargo (NYSE -- WFC) $77BB Wells Fargo & Company is a diversified financial services company providing banking, mortgage and consumer finance through stores, the Internet and other distribution channels throughout North America and elsewhere internationally.
- Ladera Retail I, LLC is the borrower and its owner was formed in 1996 for the purpose of developing the master planned community of Ladera Ranch. The principals of LDC have a net worth in excess of $83 million. Guarantor must maintain a net worth in of $23.5MM throughout the term of the loan. - The property manager is Westar Associates. Westar is based out of Costa Mesa, CA and specializes in the management of retail properties in Southern California. The Company currently owns 18 properties totaling over 1.3 million square feet. RESERVES THE SUMMIT - PHASE II Birmingham, AL Loan Amount 21,421,366 $206 Loan per foot Appraised value 27,500,000 77.9% LTV Sq. Ft 103,924 Built 2000 Type Office - The subject property is Phase II of The Summit, an open-air, specialty retail center also known as a "Lifestyle Center". The Summit is located on U.S. Highway 280 approximately 3/8 mile north of its intersection with I-459. The Summit is a mixed-use development with retail, office and hotel components on a 165 acre site. Phase I (486,000 SF) was completed in 1998 and is 100% occupied by tenants such as Parisian, Bruno's, Talbot's, and Abercrombie & Fitch. - Phase II is 94.6% leased and 92.7% occupied, tenants include Pottery Barn, The Gap, Illuminations, Bose, Organized Living and California Pizza Kitchen. - Average 2000 tenant sales in Phase I were $335/SF. Sales for in-line apparel stores averaged over $500/SF in 2000.
SQUARE % OF LEASE LEASE BASE RENT TENANT RATING FEET SQ. FT START EXPIRATION PER SQ. FT. Organized Living 20,464 19.7% Aug-00 Jul-15 $20.00 The Gap BB+ 17,399 16.7% Apr-01 Mar-09 $30.00 Pottery Barn (Williams Sonoma) (NYSE - WSM) 10,810 10.4% Oct-00 Jan-13 $24.00 Greenhouse/Birmingham Day Spa, Inc. 8,236 7.9% May-01 Apr-11 $28.50 Pottery Barn Kids (Williams Sonoma) (NYSE - WSM) 7,000 6.7% Mar-01 Jan-14 $24.00 California Pizza Kitchen 5,000 4.8% Nov-01 Oct-11 $34.50 Hallmark 4,660 4.5% Oct-00 Sep-05 $19.00 11 Other Tenants 24,735 23.8% N/A N/A $32.14 TOTAL/WEIGHTED AVERAGE 98,304 94.6% $26.95
- The subject's occupancy is 95%, while the sub-market's average occupnacy is 97%. Anchor rents are right at the market of $25 per sq. ft. while shop stores are slightly below market at $29 and market is $30 per square foot. MAJOR TENANT INFORMATION
MARKET TENANT TICKER CAPITALIZATION NOTES Organized Living N/A N/A Organized Living is a privately owned retailer specializing in storage and organization products of the home and office. As of the end of February 2001, the company had total assets of $23.88 million and equity of $11.395 million. Sales for 2000 were $44.657 million and $28.558 million in 1999. Sales for the first 9 months at this store were $3.5 million, which is in line with management's expectations. Pottery Barn (Williams Sonoma) (NYSE - WSM) $2.6BB Pottery Barn is one of 6 distinct products that Williams Sonoma offers. Williams-Sonoma, Inc. s a nationwide specialty retailer of high quality products for the home. Net sales were up 25% from 1999 to 2000. The Gap (NYSE -GPS) $10.6BB Gap Inc. is a leading international specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic and Old Navy brand names. Net sales increased 17% from 2000 to 2001 from $11.6 billion to $13.7 billion.
- Organized Living is a privately owned retailer specializing in storage and organization products of the home and office. As of the end of February 2001, the company had total assets of $23.88 million and equity of $11.395 million. Sales for 2000 were $44.657 million and $28.558 million in 1999. Sales for the first 9 months at this store were $3.5 million, which is in line with management's expectations. - The sponsor, Bayer Properties, has been in business for over fifteen years, and has been involved in the development and redevelopment of numerous properties throughout the Southeast, but primarily focused on Birmingham markets. In addition to The Summit, the firm is developing two small office projects, a major Target-anchored center just south of The Summit, and another Lifestyle center in Louisville, KY. The borrower has a net worth in excess of $40 million dollars. - The company's leasing and management portfolio contains 21 retail properties and office buildings with a total of 4 million square feet. The company's properties are mostly located in Alabama's major metropolitan markets - Birmingham, Montgomery, Huntsville, and Tuscaloosa.